EU to launch free trade negotiations with Japan-EU official

November 29, 2012

BRUSSELS, Nov 29 (Reuters) - EU trade ministers agreed on

Thursday to start negotiations to create a free-trade area with

Japan, overcoming resistance from European carmakers who fear a

deal might damage their industry.

"We have a deal," said an EU official close to the


An accord between Europe and Japan would bring together two

trading partners responsible for a third of global economic

output and could create 400,000 jobs in Europe alone. France and

Italy have been worried about the impact on their carmakers.