Category Archives: Trade Talks

Japan’s Abe says no greater market access for US farm goods

TOKYO, Oct. 25 ― Japan’s Prime Minister Shinzo Abe has reiterated that a new trade negotiation with the U.S. will not ask for greater agricultural market access than Tokyo had given in other free trade deals, including the Trade-Pacific Partnership (TPP). Abe delivered his policy speech at the outset of an extraordinary session of the parliament that started on Oct. 24. This is the first session since Abe’s reelection for a third term as leader of the governing Liberal Democratic Party (LDP) and his cabinet reshuffle. As Japan and the U.S. are set to kick off the negotiation for a trade agreement on goods (TAG) as early as January next … Continue reading

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TPP-11 trade pact set to kick in: Tariff cuts start on Dec. 30

TOKYO, Nov. 1 ― The Trans-Pacific Partnership (TPP) without the United States, also known as TPP-11, will come into force on Dec. 30 this year as Australia has become the sixth country to ratify the agreement, joining Japan, Canada, Mexico, New Zealand and Singapore. The entry into force “will send a strong message that the new trade rules of the 21th century, which area freer and fair, will be established and will spread to the world,” Japan’s Economy Minister Toshimitsu Motegi said at an Oct. 31 press conference. Australia’s ratification came within a day of the November 1 deadline. It was crucial because the TPP-11 agreement takes effect 60 days … Continue reading

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TPP-11 trade deal likely take effect in earlier Jan 2019: minister

TOKYO, Oct. 20 ― Japan’s Economy Minister Toshimitsu Motegi has said the Trans-Pacific Partnership (TPP) without the United States, also known as TPP-11, will likely come into force in earlier January 2019. “The TPP-11 should take effect in earlier January next year,” Motegi said at an Oct. 19 press conference, pointing out the TPP-11 legislation passed through the Australian parliament on Oct. 18 and New Zealand’s parliament will soon pass its legislation. “I hope that we could well see other signatories in a position to follow Australia and New Zealand over the coming weeks and months,” he added. The TPP-11 had been signed by Japan, Canada, Australia, New Zealand, Singapore, … Continue reading

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[Editor’s column] Never victimize agriculture (Sept. 28, 2018)

Tsuneyoshi Fujii, head of agricultural policies department, The Japan Agricultural News Talks between Japan and the United States on a so-called Trade Agreement on Goods (TAG) have progressed rapidly after U.S. President Donald Trump indicated he is ready to impose additional tariffs on Japanese vehicle imports and Japan scrambled to avoid the move. This is a total nuisance for the agriculture sector. We should never allow agriculture to be victimized for the sake of preventing a potential blow on the auto industry. To begin with, the joint statement issued by Japan and the United States following a meeting by Prime Minister Shinzo Abe and Trump in September indicates that the … Continue reading

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[Editorial] De facto Japan-U.S. FTA unacceptable (Sept. 28, 2018)

We can’t help thinking that Japan and the United States have opened talks for a de facto Free Trade Agreement (FTA). Prime Minister Shinzo Abe and U.S. President Donald Trump have agreed in a meeting to launch new bilateral negotiations on trade, including tariffs on farm products, to reach what they call a Trade Agreement on Goods (TAG). The move deserves strong criticism as it largely contradicts the Japanese government’s stance denying an FTA with the U.S. The two also agreed that the U.S. would not pose additional tariffs on vehicle imports from Japan so long as both sides are engaged in market-opening discussions. It appears that the Japanese government … Continue reading

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