Category Archives: Farm Policy

Japan to retain safeguard mechanism for US beef imports

TOKYO, Nov. 30 — The finance ministry has decided to maintain a provision that allows Japan to invoke a World Trade Organization (WTO) special safeguard mechanism in the event of a sharp rise in beef imports in the year starting April 2018. In August, Tokyo imposed the WTO safeguard to restrict frozen beef imports temporarily by raising the tariff, after the imports rises more than 17% year-on-year in the April-June quarter. It mainly affects U.S. producers because they are the main suppliers of frozen beef to Japan, and Washington doesn’t have a free trade agreement with Tokyo. The measure will remain in effect through the fiscal year that ends March … Continue reading

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Japan’s food exports rise to a record level in Jan-Sept 2017

TOKYO, Nov. 24 — Japan’s food exports have grown this year to a record level, thanks to the strong demand for Japanese wagyu beef, data from the finance ministry has shown. Japanese total exports for food rose 5.4% to 568.3 billion yen in the nine months that ended September 30, 2017, compared to the same period the year earlier. The beef exports in January-September jumped 44% to 1,715 metric tons, making up 90 percent of last year’s record exports of 1,908 metric tons. Hong Kong, the top destination for Japanese beef, saw a 38% increase during the period. Beef exports to the United States, which is Japan’s second-biggest market for … Continue reading

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Japanese government adopts new farm aid to adjust trade deal

TOKYO, Nov. 25 — The Japanese government has adopted a revised policy package to help dairy and livestock farmers adjust to increased agricultural food imports entering Japan under new trade deals. That move comes as Tokyo and Brussels aim to complete the Japan-EU Economic Partnership Agreement (EPA) by the end of the year. The government now needs to get Diet approval for financing with a supplementary budget for fiscal 2017. All cabinet members approved the revised package at a Nov. 24 meeting of the consolidated headquarters that facilitate Japan’s early entry into trade agreements. It includes the Japan-EU EPA as well as the Comprehensive and Progressive Agreement for the Trans-Pacific … Continue reading

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Number of Japanese restaurants abroad reaches 118,000 amid popularity of washoku

TOKYO, Nov. 8 – The number of Japanese restaurants in foreign countries totaled 118,000 as of October, up 30 percent in the last two years, the Ministry of Agriculture, Forestry and Fisheries announced on Nov. 7. The increase reflects the growing popularity of washoku Japanese cuisine along with the rise in the number of foreign people visiting Japan. The ministry plans to further strengthen promotion of Japanese food in order to help boost exports of agricultural products. The ministry has been conducting a survey jointly with the Foreign Ministry and asking 238 diplomatic establishments abroad to compile figures on Japanese restaurants. The number was about 24,000 in 2006, topped 50,000 … Continue reading

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Japan’s Abe pledges to advance farm reforms after election

TOKYO, Nov. 18 — Prime Minister Shinzo Abe, in his first policy speech to the Japanese Parliament following his recent landslide election victory, has pledged to keep advancing farm reforms. “I’m convinced that Japanese citizens desire to see implementation of the policy pledges in a stable political manner,” Abe said in an address on Nov. 17. “We will reform the entire agriculture sector so that younger generations can have hope and opt for farming careers,” he added. Abe’s governing Liberal Democratic Party (LDP) and its coalition partner Komeito swept to victory in an October national election, with a two-thirds majority in the lower house of parliament. He also said that … Continue reading

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