EU – JAPAN EPA “Trade in Services, Services Domestic Regulations and Mutual Recognition Agreement” This presentation has been prepared with the sole purpose of simplifying the understanding of some parts of the EU-Japan EPA and bears no legal standing. 1
Table Ta le of Content A. EU & Japan Trade in Services: Facts & Figures B. The Services chapters and annexes C. Market access Pillar (incl. Public procurement in services) D. Regulatory disciplines and cooperation E. Movement of natural persons F. Mutual recognition of qualification G. Protecting Public services and policies Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 2
A. . EU & Jap Japan Tra rade in in Se Services: Fa Facts & Fig Figures IMPORTANCE OF TRADE IN IM IN SERVICES IN IN THE HE EU-JAPAN TRADE RELA LATIONSHIP IP 36.3% of f EU exp xports to Ja Japan = Se Servi vices EU Exports to Japan – 2017 – Mio € Japan Exports to EU – 2017 – Mio € - % - % 36.3% 21% 21% 21% 21% 79% 79% 63.7% 18307 34652 60759 68874 Goods Services Goods Services Total: 87 181 Mio € Total: 95 411 Mio € 3
A. . EU & Jap Japan Tra rade in in Se Services: Fa Facts & Fig Figures EU and UK Trade in Services with Japan (Mio € - 2010-2017) 40,000 34,652 35,000 34,200 31,576 +79.4% in 9 29,184 years 30,000 EU Surplus: 24,976 25,567 24,656 +14 895 € Mio 25,000 20,246 19,060 18,455 20,000 18,307 19,305 16,284 14,572 14,953 15,585 15,548 14,194 15,000 IMPACT OF BREXIT: UK = 24% of EU Exports of Services; and 31.2% of EU Imports! 8,483 10,000 8,428 7,864 6, … 8,231 6,305 3,973 4,188 4,616 6,026 5,000 4,862 4,252 3,975 3,061 3,205 2,875 3,155 3,685 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 EU Exports EU Imports UK Exports UK Imports 4 Source: Eurostat bop_its6_det.
A. . EU & Jap Japan Tra rade in in Se Services: Fa Facts & Fig Figures EU Exports of services to Japan per countries (Extra EU) – € Mio – 2018 9000 8231.6 UK Exports represent + 25% of 8000 EU Export of services to Japan! 7000 6000 5457 5368 5000 3935 4000 3000 1981 1424 2000 1289 1175.21005 738 996 582.7 1000 122.2 19.9 471.6 302 36.6 23.2 77.6 41 18 85 250.6 175.8 23.1 25 4 0 5 Source: Eurostat bop_its6_det.
A. . EU & Jap Japan Tra rade in in Se Services: Fa Facts & Fig Figures EU Services Exports and Imports to Japan per sectors (2018 - € Million) 9000 22.5% of Exports 8000 Exports - Total 34 200 – Imports - Total: 19 7694.8 7000 305 18.7% 6000 6388 15.2% 14.2 % 5000 5378.8 5220.2 12.1% 4865.9 4000 4162 4161.7 3549.4 3000 3097.1 2817 2000 7.4% 1602.5 167.9 414.8 369.8 101.7 737.9 191.6 729.4 294.2 105.2 1000 22.2 20.7 61.3 694 0 6 Source: Eurostat 2019 – Note: Other business services comprise mainly: research and development, professional and management consulting services, technical, trade-related services.
A. . EU & Jap Japan Tra rade in in Se Services: Fa Facts & Fig Figures EU Exports and Imports to Japan per sectors “Other business services” - (2018 - € Million) 3100 3040.5 2600 2100 2221.1 1600 1346.3 1100 1131.9 600 669.1 107.1 553.6 544.2 450.7 529.8 273.6 137.2 556.9 185.8 408.2 281.9 532.5 92.9 31.8 23.1 460 4.3 4.2 7.8 100 -400 7 7
B. . The Se Services ch chapters an and an annexes A summary of A f th the results of f th the EPA for th the services sect ctors • Binding of current regulatory practice = increase legal certainty from WTO GATS Level (1995), and build on TiSA and TPP negotiations • Transparency on Domestic regulation and licensing procedures • Independent regulators, universal services, etc. • Process for Mutual recognition of qualification of professional Benefits of EU-Japan EPA for Services Sectors services • Use of negative approach = more transparency for businesses, who can easily find out what they cannot do in Japan • Increase access to Japan Public Procurement for EU services providers • Opens up services markets, in particular • Fin Financial serv services, . Tel elecommunications, • Pos ostal an and exp xpress del elivery ry, . . Dis istribution serv services, • Prof ofessional serv services, an and . Tran ansport serv services Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 8
B. . The Se Services ch chapters an and an annexes WHAT’S IN THE EU -JAPAN EPA FOR SERVICES? CHAPTER 8 = = TR TRADE IN IN SER ERVICES, INV INVESTM TMENT LIB IBERALISATION AND EL ELECTRONIC COMMERCE • SECTION A : General provisions • SECTION B : Investment liberalisation • SECTION C : Cross-border trade in services • SECTION D : Entry and temporary stay of natural persons • SECTION E : Regulatory framework • SUB-SECTION 1 : Domestic regulation (Incl. MRA Qualifications) • SUB-SECTION 2 : Provisions of general application • SUB-SECTION 3 : Postal and courier services • SUB-SECTION 4 : Telecommunications services • SUB-SECTION 5 : Financial services • SUB-SECTION 6 : International maritime transport services • SECTION F : Electronic commerce Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 9
B. . The Se Services ch chapters an and an annexes Ann nnex 8 Annex 8-A Regulatory cooperation on financial regulation Annex 8-B Schedules for chapter 8 Annex 8-B I Reservations for existing measures Annex 8-B II Reservations for future measures Annex 8-B III Business visitors for establishment purposes, intra-corporate transferees, investors and short-term business visitors Annex 8-B IV Contractual service suppliers and independent professionals Appendix IV Limitations of business activities of contractual service suppliers and independent professionals in Japan Annex 8-C Understanding on movement of natural persons for business purposes 444 44 4 pag ages ou out of of 15 1570 70 pag ages total l of of EPA = = 28 28% of of th the text xt of of EPA= on on Se Servic ices is issu sues Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 10
C. . Mar arket ac access pill illar ar Bidding level for EU & Japan before EPA = GATS 1995 Scheduling of Market access & National Treatment commitments using a list (2 nd time for the EU) Negative li GATS +; TiSA+; CP TPP+ More Commitments on Mode 1 (Cross border transactions) Mode 3:Removal of all equity caps, with negotiated exceptions Binding of current practise (i.e. Higher Market access than in existing FTAs), with negotiated exceptions, Standstill and Ratchet Clause (to lock in the autonomous reforms) More commitments on Professional & Business services, Environmental services, energy related services, on financial services & insurance, postal and express, transport services, etc. But not much improvements for the professional services! Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 11
D. D. Re Regula latory dis isci ciplin lines an and co cooperation Pill illar Adoption of a strong Horizontal Chapter on Disciplines for Domestic Regulation (Chapter 18 of JEEPA): Transparency of the regulation Prior consultation of stakeholders Impact assessment transparency of the licensing requirements and procedures (Contact Point, Proportionate to the goal, Clear Objectives, least burdensome administrative costs as possible, short and predefined delays, “reasonable fees”, right of appeal) Sector specific disciplines (e.g. on Telecoms, on Postal, on Energy, Environment, maritime and air transport, financial services, etc.) and Sector specific regulatory cooperation (living agreement) Disciplines on State Own Enterprises (SOEs) Japan and EU active in the on-going WTOJoint Statement Initiative in WTO Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 12
E. . Movement of of Na Natural l Persons • A key priority for EU businesses in EU-Japan EPA • Temporary period only, not permanent migration • Negotiate faster Business Visa and Work permits delivery procedures: Visa facilitation (Sensitive in EU – Competence- allowing spouses to work – a premiere!) • In all Categories of Natural Persons Covered under Mode 4: 1) Intra-Corporate Transfers (ICT) • Managers • Specialists • Graduate Trainees 2) Business Visitors (BV) 3) Contract Service Suppliers (CSS) (Employees of Juridical Persons) 4) Independent Professionals (IP) Managed by www.eu-japan.eu/epa-helpdesk Under the supervision of 13
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