Agreement with Japan will create 5000 Danish jobs

Minister for Trade and Investment, Pia Olsen Dyhr, has reached an agreement with the Japanese Minister for the Economy, Trade and Industry, Yukio Edano, to create a free trade arrangement between Japan and the European Union.

Japan is the world’s third largest economy and if the treaty goes ahead, the EU can look forward to increased exports to Japan amounting to DKK 216 billion, writes the RB Børsen daily newspaper.

- We have agreed to pick up the pace during the Danish presidency of the EU in order to ensure that we can make this happen, says Pia Olsen Dyhr.

However, the Minister cannot specify how much of the capital will end up in the Danish Treasury.

- But the criterion for success is at least a few billion. And this will create more than 5000 new jobs in Denmark and maintain many existing ones as well, elaborates the Minister.

Energy, food commodities and medical products are some of the areas in which Pia Olsen Dyhr hopes to ease restrictions to the mutual benefit of Japan and Denmark.