Impact assessment

Impact assessment of the EU-Japan economic partnership agreement (EPA) on the UK

Economic assessment of the costs, benefits and impact of the EU-Japan EPA used to inform the UK ratification process.

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This impact assessment sets out the potential effects of the EU-Japan Economic Partnership Agreement (EPA).

The European Union (EU) and Japan concluded negotiations on this agreement in December 2017. They have announced their intention to sign this agreement at an EU-Japan Summit in July 2018, subject to approval by EU member states in the Council of the European Union.

This agreement will promote bilateral trade and economic growth between the EU and Japan by eliminating most tariffs and reducing non-tariff measures that businesses face when trading goods and services and investing.

The government remains committed to supporting the EU’s ambitious trade agenda including the free trade agreements it is putting in place and to date has strongly supported the EU-Japan EPA negotiations.

Published 11 June 2018