According to the WTO, Tariff Rate Quota (TRQ) is an import regime in which quantities inside a quota are charged lower import duty rates, than those outside. The EU-Japan Economic Partnership Agreement provides 25 TRQs for a number of EU products to be imported in Japan on a preferential basis. These TRQs allow during a fiscal year, and for a limited volume (the aggregate quantity), a partial or total import duty suspension for the product concerned.
The complete text of the EPA, and Annexes can be found on the following website of the European Commission:
A factsheet has been published on this topic. Please click here to get access.
In addition, webinars were organised on this topic:
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