{"id":16364,"date":"2019-03-05T22:02:21","date_gmt":"2019-03-05T20:02:21","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=16364"},"modified":"2019-03-05T22:13:13","modified_gmt":"2019-03-05T20:13:13","slug":"opportunities-expand-new-markets-japan","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/opportunities-expand-new-markets-japan\/","title":{"rendered":"Opportunities to Expand to New Markets: Japan"},"content":{"rendered":"

\"\"<\/span><\/p>\n

 <\/p>\n

In February 2019, the EU signed the long awaited Economic Partnership Agreement with Japan. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world.<\/span><\/p>\n

This article aims to help Bulgarian companies interested in market opportunities in Japan by providing key facts on the agreement and useful links to more detailed information about the regulations in the different sectors.<\/span><\/p>\n

 <\/p>\n

EU-Japan trade relationship – facts and figures <\/b><\/p>\n

– Japan is the EU\u2019s 2nd biggest trading partner in Asia after China with <\/span>EU firms exporting over \u20ac58bn in goods and \u20ac28bn in services to Japan every year <\/span><\/p>\n

– Japan is the EU\u2019s 6th most important trading partner worldwide <\/span><\/p>\n

– Almost 74,000 EU companies are exporting to Japan, 78% of those are smaller firms<\/span><\/p>\n

– 600,000 jobs are tied to EU exports to Japan<\/span><\/p>\n

The agreement is also expected to increase the exports of processed foods by up to 180%, chemical exports from the EU to Japan by 22% and mechanical engineering shipments by 16%. \u00a0<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

\"\"Bulgaria – Japan trade relationship – facts and figures <\/b><\/p>\n