Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-326-500"

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"en.20121025.26.4-326-500"2
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". The European Union and Japan, two of the main global economic powers, owe it to themselves to maintain balanced trading relations. EU-Japan trade must therefore be based on principles of reciprocity and fairness so that both parties gain mutual benefits. That makes it essential that the Japanese authorities demonstrate a willingness to eliminate non-tariff barriers in their markets, particularly in the pharmaceutical and automotive sectors. European businesses must be able to invest in Japanese markets under the same market access conditions as Japanese businesses in European markets. If Japan does not quickly produce tangible results on eliminating tariff barriers in its markets, the European Union could then suspend negotiations on possible conclusion of a free trade agreement. In fact, no one in Europe would understand if principles of balance and reciprocity were not applied between Japan and the EU, which are at comparable levels of development."@en1

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