EU-Japan FTA would boost growth more than TTIP

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EU-Japan FTA would boost growth more than TTIP

A free trade agreement with Tokyo could boost European GDP more than the controversial Transatlantic Trade and Investment Partnership, Czech MEPs say after coming back from Japan. EurActiv Czech Republic reports. The EU-Japan FTA is expected to boost European economy by around 0.8 % of GDP and some analysts compare the importance of the deal with that of TTIP where the number is 0,5 % according to preliminary expectations. «If we look at the impact on GDP growth, FTA with Japan could actually be more important than TTIP,» ANO 2011 MEP Petr Jezek (ALDE), chairman of the European Parliament’s delegation to Japan stressed, after a recent trip to the country.

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