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Uk Japan Trade Agreement Text

* The pricing tables in the original files are images. They were converted by Twitter user “slroot” @schnoogsl (see tweet) on this page by visual character recognition (OCR) into searchable text The UK Trade Minister, Liz Truss, and Motegi announced the inclusion in CEPA of a chapter on digital trade that distinguishes the EU-Japan EPA agreement. This chapter aims to define clear rules for the cross-border transfer of data and to ensure better protection of trade secrets related to algorithms and encryption. The Chapter contains a high level of data protection during cross-border transfers of personal data between the United Kingdom and Japan and minimises unjustified data localisation requirements that would otherwise require personal data to be stored in the jurisdiction in which they were collected. It is hoped that these principles will help Japanese and UK companies avoid the additional costs of setting up physical servers in all jurisdictions for data processing. The graph below gives an overview of the main differences between the main free trade agreements signed by Japan, including some that the UK wants to join in the near future. It turns out that the concessions made under CEPA between the UK and Japan compared to those made under other agreements are, at best, marginal and do not herald a significant increase in bargaining power for the UK after Brexit. Cepa between the United Kingdom and Japan contains intellectual property protection measures similar to those of the EU-Japan EPA, although the conditions for the protection of certain intellectual property assets go beyond those provided for in the Europe Agreement. For example, the standard term of protection for designs is set at twenty-five years after CEPA UK-Japan, compared to twenty years after EPO EU-Japan. Limited five-year extensions for patents for medical inventions are also included in CEPA in the UK-Japan, but not in the EPO EU-Japan. The agreement also allows the UK to request up to seventy additional geographical indications for its products, in addition to the seven currently made available to the UK under the EU-Japan EPA. These geographical indications are used to protect products from designated areas in the United Kingdom and Japan from unacceptable replications.

Examples of products that receive such a designation are scotch whisky, kobe beef and other local dishes. The EU-Japan EPA also provides for these geographical names; However, the UK can now benefit more from it. The agreement is essentially in line with the Economic Partnership Agreement concluded in February 2019 between the European Union and Japan. [11] The UK-Japan Free Trade Agreement was signed in Tokyo on 23 October 2020. This page offers easy-to-use links to download different chapters and annexes of the agreement. The United Kingdom-Japan Economic Partnership Agreement (CEPA) (Japanese: |英包括的経񐇨๩携携協定) is a free trade agreement between the United Kingdom and Japan. [1] [2] The agreement was concluded in principle by both parties in September 2020 and was signed in Tokyo in October 2020, following the UK`s withdrawal from the European Union in January 2020. It remains to be seen whether the negotiations on these improvements really reflect a new strength for the UK, especially in light of the latest election results in the US, where President-elect Joe Biden has set certain conditions for a uk-US free trade deal, which includes the broader Brexit deal the UK is currently negotiating with Brussels. Japanese companies are also eagerly following the outcome of the negotiations between the UK and the European Union and are hoping for a more “flexible” approach that would maintain the status quo and not force the Japanese to make tough decisions about whether to relocate their European activities and assets from the UK. . .

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