The EU and Japan are working on a trade agreement to boost their economies. The agreement aims to remove barriers to trade, like taxes on imports. A study looked at two scenarios for this agreement: a basic one and a more comprehensive one. The study found that the comprehensive agreement would increase Japan's economy by 0.86% and the EU's by 0.21%. Most of the growth comes from companies becoming more efficient. The agreement would also lead to a small decrease in unemployment. Other countries might see a slight drop in their economies due to changes in trade patterns.