A Close Future EU-Japan Relationship Is Key, Says EU Ambassador to Japan

The video discusses the economic partnership between the EU and Japan, highlighting the benefits of trade agreements and the impact of Brexit on Japanese investments in the EU and UK. It emphasizes Japan's role in the global economy, accounting for a significant portion of global GDP. The video also addresses concerns of Japanese businesses regarding Brexit and their potential relocation. Additionally, it covers the implications of trade tariffs and the importance of adhering to WTO rules to maintain a stable global economy.

What was a significant development in EU-Japan relations in 2019?

• A joint space exploration mission

• A cultural exchange program

• The Economic Partnership Agreement

• The signing of a military alliance

Why is Japan considered a critical partner for the EU?

• Because of its large population

• Due to its technological advancements

• As it forms a significant portion of global GDP with the EU

• Because of its geographical proximity

What is a primary concern for Japanese businesses regarding Brexit?

• The changes in educational collaborations

• The future of UK-EU relations

• The impact on cultural exchanges

• The effect on tourism

What action have some Japanese companies taken in response to Brexit?

• Increased investment in the UK

• Expanding operations in Asia

• Relocating offices to the EU

• Reducing workforce in Europe

What is the EU's stance on trade agreements?

• They prefer bilateral agreements

• They insist on WTO rules

• They avoid any trade agreements

• They focus on regional agreements only

What is the impact of the EPA between Japan and the EU?

• Introduction of new tariffs on 50% of trade

• No change in trade tariffs

• Reduction of tariffs on 95% of trade

• Increased tariffs on 95% of trade

What is a challenge mentioned in the context of globalization?

• The rise of regional conflicts

• The retreat from globalization in the auto sector

• The increase in global tourism

• The decline in technological advancements