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EU-Japan Economic Partnership Agreement
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How the EU-Japan Economic Partnership Agreement Benefits Austria
The EU-Japan Economic Partnership Agreement (EPA) celebrates its second anniversary by adding 28 protected geographical indications, one of them important for Austria, and facilitating trade in wine and vehicles. The agreement does not only benefit the EU as a whole, but has also immediate impact on Austria's economy.
February 8, 2021
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European Commission: Changing of the Guard in Austria
Dr. Martin Selmayr takes over the position of Head of Representation in Austria from Dr. Jörg Wojahn as of 1 November 2019. Mr. Wojahn has been appointed as the new Head of the European Commission's Representation in Berlin.
August 13, 2019
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Austrian State Visit to the Mutually Hostile Countries Japan and South Korea
The two East Asian states, South Korea and Japan, which have been enemies for more than 100 years, are visited by Chancellor Kurz as part of the trip to East Asia. The trip is focusing on the economy, digitisation, education and transport. Meetings with South Korean President Moon Jae-in and Prime Minister Lee Nak-yeon are held in Seoul and with Japanese Prime Minister Shinzo Abe in Tokyo.
February 11, 2019
What Does the EU-Japan Economic Partnership Agreement Mean for Austria?
The Federal Ministry for Digital and Economic Affairs has calculated that the savings potential through the elimination of customs duties amounts to around one billion euros across the EU and to around EUR 34 million for Austria. For Austria this means a rather modest growth effect of 0.011 percent of GDP.
February 4, 2019
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EU-Japan Agreement Secures EUR 34 Million in Jobs and Prosperity in Austria
The EU's Economic Partnership Agreement with Japan entered into force on 1 February 2019. For Austria, Japan is by far the second most important market in Asia and the third most important overseas trading partner. About 1000 Austrian exporters are active in Japan, 80 companies have local branches. In 2017 the trade volume reached an all-time high of 3.5 billion euros.
February 4, 2019
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