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Forum: Pentax Medium Format 02-12-2019, 08:35 AM  
Buying from Japan
Posted By Time Traveller
Replies: 7
Views: 1,519
Japanese-produced and originating equipment will enter the EU duty free in three years - current duty rate 6.7 %, and after the first year of the EU - Japan Free Trade Agreement 5 % ... and then 0 % after three years. Much photo equipment is currently being produced in China, and Chinese photo equipment is not covered by the EU-Japan Free Trade Agreement.


See page 90:

http://trade.ec.europa.eu/doclib/docs/2018/april/tradoc_156786.pdf


So, according to the Economic Partnership Agreement between the European Union and Japan the tarifs will be lifted from 6.7 % to 0 % in three years.


Not only the companies will enjoy the benefits of the agreement - the consumers too will enjoy the benefits of the Free Trade Agreement between the European Union and Japan!
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