EU, Japan Vow Joint Push For 'Fair' Global Trade

Source: International Business Times

Europe and Japan represent a fifth of global GDP and a market of 600 million people, said Von der Leyen AFP The EU and Japan pledged on Wednesday to work together on championing a "free and fair" trade global system, as US tariffs and disputes with China rattle their economies. Brussels and Tokyo announced a "competitiveness alliance" to increase bilateral trade, address unfair practices, and boost innovation, at a summit in the Japanese capital. "In today's world, competitiveness has to be built with trusted partners such as Japan," European Union chief Ursula von der Leyen told journalists after talks with Japanese Prime Minister Shigeru Ishiba.