The European Commission and Japan signed on the 22 June an agreement on civil aviation safety, which will further boost the EU's already strong cooperation with Japan and reinforce the competitiveness of the EU's aviation industry.
One and a half years after the EU and Japan's Economic Partnership Agreement entered into force and the implementation of the Strategic Partnership Agreement started, today's signature shows the mutual trust and commitment to deepen our strategic partnership. Common rules will facilitate cooperation of European and Japanese companies and decrease the administrative burden for authorities, creating better opportunities for investment and strengthening economic prosperity and growth.
This bilateral civil aviation safety agreement (BASA) will support EU manufacturers of aeronautical products to increase their trade and market share in the Japanese market. It will therefore play an important role in the recovery of the sector from the current crisis.
Both the European Union and Japan will now proceed with their respective internal procedures to conclude the agreement. Pending its entry into force, the agreement will be provisionally applied from signature.
Source: European Commission
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Joint venture established in 1987 by the European Commission (DG GROW) and the Japanese Government (METI) for promoting all forms of industrial, trade and investment cooperation between the EU and Japan.
