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According to the WTO, Tariff Rate Quota (TRQ) is an import regime in which quantities inside a quota are charged lower import duty rates, than those outside. The EU-Japan Economic Partnership Agreement provides 25 TRQs for a number of EU products to be imported in Japan on a preferential basis. These TRQs allow during a fiscal year, and for a limited volume (the aggregate quantity), a partial or total import duty suspension for the product concerned.
The complete text of the EPA, and Annexes can be found on the following website of the European Commission: http://trade.ec.europa.eu/doclib/press/index.cfm?id=1684
A factsheet has been published on this topic. Please click here to get access.
In addition, webinars were organised on this topic:
This website and related activities are managed by the EU-Japan Centre for Industrial Cooperation, a joint venture between the European Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) and the Japanese Government's Ministry of Economy, Trade & Industry (METI).
