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UK-Japan CEPA again.
The DTI have published this guide. A few points.
Obviously, first of all, it& #39;s not "reduced" as from now to Dec 31, it& #39;s 0% due to the EU EPA. So there& #39;s no reducing going on.
But what& #39;s this here?
Udon noodles, Pocky etc.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/929065/UK-Japan-Trade-Agreement-sectoral-benefits.pdf
1/5">https://assets.publishing.service.gov.uk/governmen...
The DTI have published this guide. A few points.
Obviously, first of all, it& #39;s not "reduced" as from now to Dec 31, it& #39;s 0% due to the EU EPA. So there& #39;s no reducing going on.
But what& #39;s this here?
Udon noodles, Pocky etc.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/929065/UK-Japan-Trade-Agreement-sectoral-benefits.pdf
1/5">https://assets.publishing.service.gov.uk/governmen...
Lets& #39; do Pocky first.
It& #39;s licenced and manufactured in Europe by Modelez as Mikado.
It& #39;s made in France.
2/5
It& #39;s licenced and manufactured in Europe by Modelez as Mikado.
It& #39;s made in France.
2/5
Udon noodles.
It says the MFN tariff on the noodles is 26.4%.
The MFN is not 26.4%.
It& #39;s 6.4% + €24.60 per 100kg for CN 1902301020
But actually, as you know, zero right now.
3/5
It says the MFN tariff on the noodles is 26.4%.
The MFN is not 26.4%.
It& #39;s 6.4% + €24.60 per 100kg for CN 1902301020
But actually, as you know, zero right now.
3/5
Pacific bluefin tuna. It& #39;s endangered.
The MFN tariff is 22%. Not 20%, but of course it is already, and will remain at 0% for Japan.
Here& #39;s a profile of the countries we currently import fresh tuna from (all Atlantic and 99% from EU countries mostly via Spain).
4/5
The MFN tariff is 22%. Not 20%, but of course it is already, and will remain at 0% for Japan.
Here& #39;s a profile of the countries we currently import fresh tuna from (all Atlantic and 99% from EU countries mostly via Spain).
4/5
Note these tariff reductions from Japan& #39;s MFN are staged. It& #39;s only zero for UK beef from 2033.
They& #39;re probably the same as the current EU-Japan EPA. I haven& #39;t checked. That& #39;s too tedious to check even for me right now.
5/5
They& #39;re probably the same as the current EU-Japan EPA. I haven& #39;t checked. That& #39;s too tedious to check even for me right now.
5/5
Addendum
EIF means - comes into effect on the day the FTA comes into effect as opposed to being staged or some delay.
Here& #39;s the Ad Valorem Equivalent for that noodle tariff. According to the ITC (which uses a formula of duties/imports) it& #39;s 19.83%.
https://www.macmap.org/en//query/results?reporter=826&partner=392&product=1902301020&level=8">https://www.macmap.org/en//query...
EIF means - comes into effect on the day the FTA comes into effect as opposed to being staged or some delay.
Here& #39;s the Ad Valorem Equivalent for that noodle tariff. According to the ITC (which uses a formula of duties/imports) it& #39;s 19.83%.
https://www.macmap.org/en//query/results?reporter=826&partner=392&product=1902301020&level=8">https://www.macmap.org/en//query...
Oh and one more thing. As always these tariffs are applied upon import prices, not retail prices. The consumer wouldn& #39;t see those levels of retail price reduction even if it was a genuine reduction from the current situation.
Here& #39;s the schedule from the EU-Japan EPA, where beef was reduced to 9%.
The tables in the English language version of the UK-Japan CEPA as published by the UK & Japanese Govts are not searchable.
http://trade.ec.europa.eu/doclib/docs/2018/august/tradoc_157230.pdf">https://trade.ec.europa.eu/doclib/do...
The tables in the English language version of the UK-Japan CEPA as published by the UK & Japanese Govts are not searchable.
http://trade.ec.europa.eu/doclib/docs/2018/august/tradoc_157230.pdf">https://trade.ec.europa.eu/doclib/do...
@schnoogsl
has OCR& #39;d the original.
So a searchable version can be found here:
https://newscrawler.eu/100107065_ocr.pdf
Obviously,">https://newscrawler.eu/100107065... we& #39;re a couple of years on from the original signing of the EU-Japan EPA.
has OCR& #39;d the original.
So a searchable version can be found here:
https://newscrawler.eu/100107065_ocr.pdf
Obviously,">https://newscrawler.eu/100107065... we& #39;re a couple of years on from the original signing of the EU-Japan EPA.
