Trade Pact between Japan and EU

Japan and European Union agreed on Saturday into a free-trade pact. Talks for a deal, for exports to its third-largest trading partner.

"We still have a long way to go, but the objective is now clear," (...) "Some might say we have not gone far enough, I say we should not underestimate the political meaning of our decision." (...) "the potential economic and political results of the decision are huge in terms of jobs, growth and shared destiny," if an agreement is reached after an initial "scoping exercise" designed to set the parameters of trade talks.

says European Council President Herman Van Rompuy to European press.

Online, Marketwatch