The European Union has lifted the import restrictions it imposed on food items from Japan following the nuclear accident at Fukushima.
Announcing the decision at the EU-Japan Summit in Brussels, European Commission President Ursula von der Leyen said that the Commission is lifting the import restrictions on the basis of positive results from controls done on the products by the Japanese authorities and the Member States.
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Political News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.