The message as the eu and japan close in on a huge free trade deal, but can it see off the rise of protectionism and nationalism . Plus high steaks scandal why a Corruption Probe is carving a slice out of brazils multi billion dollar meat industry. Welcome to World Business report. Im ben bland. In a moment, its 30 years since kfc launched in china, but the nations hunger for fast food is slowing. But we start in brussels, where, in a few hours time, the eu and japan will sign off a major trade deal covering everything from cars to cheese. It comes despite doubts Around The World about free trade deals and the rise of Trade Protectionism in the us under the trump administration. Lets show you the details. Japan and the eu account for about a third of global gdp thats 21 trillion. Both sides believe their Trade Relationship has room to grow, to get even bigger. Eu Officials Say the deal will boost the eu economy by 0. 8 , and japans by almost a third of a percent. Among the big winners, the car industry. The eu will scrap a 10 duty on japanese car imports, while japan will remove Barriers To Entry for european automakers. The deals also very symbolic. Partly because of brexit, european leaders want to reinforce the value of the eu after the uks decision to leave. But also because of president trump. Remember, he pulled the us out of the Trans Pacific partnership, a major trade deal between the us, japan and their pacific neighbours. And talks have lapsed on the vast eu us trade deal known as ttip, as the head of europes Business Lobby Group explains. It is important if the eu and japan conclude this agreementjust before the 620 conclude this agreementjust before the g20 summit. It will be an important Political Science for other economies that trade is good and that two of the leading g20 economies are making a positive step towards free and more fair trade. Political sign. Allie renison is head of europe and trade policy at the uks institute of directors. How important is this deal, giving the turning away from Major International trade deals . Is very important. At the end of last year, this did not look like it was going to be. There are still a lot of what they call legal scrubbing is to go on. But they did not think there we re on. But they did not think there were going to get this through. I think that donald trump pulling out of the ttip has given them the extra kit to make sure that japan and the eu can show that they can pick up the baton where others have dropped it. In the scale of the Trade Relationship between the eu and japan, one of the things that struck me is that i am surprised they did not do you a deal like this before. Why now . It is interesting that you talk about Scrapping Tariffs on automobiles. That is significant for the eu and forjapan. Right now, it is interesting when looking at this transition in terms of implementation, that is one of the balancing act that both sides have had to play in terms of Making Concessions and scrapping duties. The other interesting thing is, you have said it will take seven years for those who take effect, but where this leaves the relationship between the uk and japan, ifjapan is going to grow closer ties and a strong relationship, does that mean that the relationship between the uk and japan could be damaged . the relationship between the uk and japan could be damaged . I think there could be eight benefit for the uk. Im talking specifically about tariffs. If the uk can manage to retain the benefits, and the deal is signed and enforced by the time the uk leads, it could actually still apply to the uk, but that could be negotiation with the eu. I think it is in the uks interests that this deal is enforced before it leaves the eu. What do you think the major hurdles go to be when it starts to ta ke hurdles go to be when it starts to take a fact . When will we see some backlash . With respect to automobiles, that is why you have that seven year period. Agriculture is or isa that seven year period. Agriculture is or is a sticking point. They have a lot of legal scrubbing to go through to make sure that they agree a deal that scrap some of the ta riffs a deal that scrap some of the tariffs in sensitive areas, such as pork and dairy. Those are sticking points at the last minute. Thank you very much forjoining us. Good to hear your thoughts. To brazil, now. The country accounts for almost a fifth of the worlds meat exports. But in March Local Police uncovered a bribery scheme, where Health Officials allegedly allowed tainted meat to reach Supermarket Shelves and even school meals. Although the Companies Involved deny wrongdoing, shares of market leader, jbs, plunged a0 . So can brazils reputation as the Worlds LargestMeat Exporter be repaired . The bbcs Daniel Gallas reports from brazils santa fe do sul. The cattle on this farm roam free in sa nta the cattle on this farm roam free in santa fe do sul. Rangers here now have no one to sell the cows do. Translation this is not like foot and Mouth Disease that occurs in nature. This was caused by corporate corruption. Prices fell sharply. Nature. This was caused by corporate corruption. Prices fellsharply. It is the lowest price in the past four yea rs. Is the lowest price in the past four years. Farmers like this are part of an army of 4 Million People that helped in brazil into one of the worlds against meat producing nations. But this scandal is bringing uncertainty to what was a very probable business. At its height, jbs employed to 60 employees 260,000 height, jbs employed to 60 employees 260,000 employees. But then it was revealed that bribes were paid to politicians at the request of the present president. Translation michel temer denies the charges. Jbs we re michel temer denies the charges. Jbs were involved in a scandal about brides that were paid to help officials that raise questions about the safety of brazilian beat around the safety of brazilian beat Around The World. Butjbs says that food safety was not uppermost. But such open lines betweenjbs and the president has had its effect. Cattle prices are tumbling and factory is closing down. The us has now banned some risen me from being sold. And europe is investigating the quality of meat imports. Translation the brazilian government would need to act to get the message across that their meat is safe for consumption and defend its reputation. But with the government at war with the top meat company, that is not likely to happen soon. That war now has millions of farmers worried about the future of their businesses. A reputation that took decades to establish will likely take years to repair. Lets stay with the Food Industry because its been 30 years since the first kfc restaurant opened in china. Last year kfcs us owners, yum brands, spun off the Chinese Business into a separate company, yum china. Its been trying to cash in on rising demand for western style fast food in china. As well as kfc, it also owns the pizza hut and Taco Bell Chains across the worlds number two economy. Thats more than 7600 outlets throughout the country. It has just reported results for the past three months, and rico has been looking at them for us. Are you a peter lonard . Are you a peter lonard . |j are you a peter lonard . I do enjoy the odd slice. Pizza lover. Are you a peter lonard . I do enjoy the odd slice. Pizza lover. That is good, because in china, consumers are still not into the picture. And thatis are still not into the picture. And that is why it pizza huts sluggish sales have dragged down the Quarterly Sales of yum china in the past quarter. Sales rose 3 in the First Quarter of 2017. That was for casey. But for pizza hut, it was flat. Chicken is popular in mmm. That was fought kfc. Yum, which is the biggest fast food brand, has been looking to bulk up the market. But there have been food safety scares and changing consumer tastes, along with a wider economic slowdown and competition. The committee has been trying to symbol by its menu as well as Making A Push On Mobile Payment and delivery. It bought a recent controlling stake in a food delivery service. With all these changes and a new strategy, hopefully we will see better numbers for kfc china this quarter. British airways cabin crew are to stage a further two weeks of strikes, in a long Running Dispute over pay and benefits. So called mixed fleet cabin crew, who are paid less than longer standing staff, will walk out for 1h days on 19july, in a strike called by the unite union. The strike will begin three days after the end of the current 16 day strike. Ba says instead of striking, unite should allow its members to vote on the pay deal reached two months ago. Dont forget you can get and hat with me and some of the team on twitter. I will be back in just a moment to go through the papers. The risk of attacks on uk soil by supporters of the self styled Islamic State group could increase as is continues to lose territory in the middle east. Thats the warning from the the director of Public Prosecutions following bbc News Research which found that over 100 people in the uk have now been convicted of terror offences related to iraq and syria. June kelly reports. The face ofjihad in the uk. 0ver 100 people jailed for offences linked to so called Islamic State. The oldest the Driving Instructor from luton. The youngest a schoolboy from luton. The youngest a schoolboy from blackburn, just 1a when he incited a Terrorist Act overseas. At a growing number of women and girls have also been drawn in. The threat which links them is support for so called Islamic State in the conflicts that have engulfed syria and iraq. The fighters they have suffered reverses. But not so many that supporters have me not to travel to the area. We need to be acutely aware that if people cant go to syria, and we have seen this in some of the cases that we are prosecuted, they may plan an attack here, instead. So, orthey might do more to radicalise other people to attack. It is believed that two of the three men that carried out the Terror Attack at London Bridge in which eight people were killed had wa nted which eight people were killed had wanted tojoin which eight people were killed had wanted to join is which eight people were killed had wanted tojoin is in syria. The extremist preacher here is the most high profile person here to be convicted of terrorism in the past year. Found guilty of inviting support for Islamic State. He may be behind bars, but the ideology promoted has not been silenced. Coming up at six oclock on breakfast all the days news and business. This is bbc news. The latest headlines the us warns north korea it is prepared to use Military Action after its new missle test. President trump is in europe to discuss what happens next at the g20 summit of world leaders. The g20 leaders will also have to address the divisions emerging at the United Nations over the best way to respond. Both china and russia have ruled out any Military Action. The chairman of the iraq inquiry, sirjohn chilcot, tells the bbc tony blair was not straight with the nation and the inquiry about his decisions in the run up to the iraq war. Heavy rain and overflowing rivers in the southern japan have forced almost 400,000 people to leave their homes. Emergency teams have been deployed to help people trapped by flood waters. Now it is time for our newspaper review. Whats making headlines Around The World . The Straits Times reports the United States and south korea have put on a show of Military Force in retaliation to north koreas firing of an intercontinental ballistic missile. America has told the un it is prepared to use Military Force if it must. Its Panda Diplomacy in germany as chinese president xi jinping and german chancellor Angela Merkel welcome two of the bears to berlin zoo. The Financial Times reports the two leaders have signed a number