EU-JAPAN FREE TRADE AGREEMENT LIKELY TO GIVE A BOOST TO EUROPEAN COSMETICS PRODUCERS
July 1st, 2012
BY MJ DESCHAMPS AND WANG FANGQING
JAPANESE cosmetics companies could increase their current small share of the European market, if an anticipated free trade agreement between the European Union (EU) and Japan is finalised. Having completed preparatory talks with Japan, the European Commission last week (July 18) requested formal permission from EU member states to begin negotiations in earnest, which could take two years or more. These are like to slash or remove duties on personal care products traded between the two jurisdictions, and also remove a series of ...
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