Japan: CPTPP Changes to Japanese Beef Market

Under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which enters into force on December 30, 2018, Japan will lower duties on imported beef from CPTPP members including Australia, Canada and New Zealand. On the same date, Japan will also revise the special safeguard mechanism for countries with which it does not have a free trade agreement as well as increase support for domestic beef producers under the “Marukin” program.

Japan: CPTPP Changes to Japanese Beef Market