Category Archives: Trade Talks

Japan sets new rules in SBS tenders to buy Australian rice

TOKYO, Nov. 19 ― The Japanese government is set to operate new administrative rules for the simultaneous buy and sell (SBS) tending system for imported rice from Australia through the Trans-Pacific Partnership (TPP) without the U.S., also known as TPP-11. The TPP-11 will come into force on Dec. 30 this year as Australia has become the sixth country to ratify the agreement. The auction in the SBS tendering system for Australian rice will have six rounds in a fiscal year starting April 1. The first auction will take place in May, four months earlier than the existing SBS administrative rules. “We fear that the new rules may lead to price … Continue reading

Posted in Farm Policy, Trade Talks | Comments Off on Japan sets new rules in SBS tenders to buy Australian rice

AEON cuts Australian beef prices ahead of TPP-11’s enforcement

TOKYO, Dec. 7 – Japanese retail giant AEON Co. announced on Dec. 6 it will cut prices of Australian beef by a maximum of 20 percent starting Dec. 7, ahead of the enforcement of the 11-nation Trans-Pacific Partnership free trade agreement on Dec. 30. The move, which is likely to be followed by other retail firms, indicates a trend toward cutting prices of imported products along with the expected declines in tariff rates after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, also known as TPP-11, comes into effect. AEON will sell its private label Australian beefsteaks at 518 yen per 100 grams, down 20 percent for sirloin and down … Continue reading

Posted in Food & Agriculture, Trade Talks | Comments Off on AEON cuts Australian beef prices ahead of TPP-11’s enforcement

TPP’s beef safeguard faces criticism from Japan’s oppositions

TOKYO, Nov. 2 ― Japan’s farmers as well as the opposition lawmakers have increasingly raised their voices to review a safeguard mechanism for beef imports as well as reduce tariff rate quotas for dairy products, as the U.S. return to the Trans-Pacific Partnership (TPP) is unlikely to happen. The original TPP represented a mixture of economic and political benefits. But without the U.S., it is not convincing Japanese farmers and opposition lawmakers that the deal aims to influence China. This necessitates some serious consideration of its costs, they say. More specifically, they are calling for cutting back new tariff rate quotas (TRQ) for the TPP to be reduced by the … Continue reading

Posted in Farm Policy, Trade Talks | Comments Off on TPP’s beef safeguard faces criticism from Japan’s oppositions

Tokyo needs to protest US on farm market access: lawmaker

TOKYO, Oct. 25 ― Japan’s senior lawmaker has lashed out at the government for not immediately responding to a comment by a top U.S. official to ask for greater agriculture market access than Tokyo had given in other free trade deals, including the Trade-Pacific Partnership (TPP). “The Japanese government should vehemently protest such a comment,” Saito Ken, a former Japanese agriculture minister, told the government officials who briefed him on a new trade talks with the U.S. at an Oct. 24 meeting. Following Japanese Prime Minister Shinzo Abe’s latest cabinet reshuffle, Saito became director general for the governing Liberal Democratic Party (LDP)’s internal task force for trade deals, including the … Continue reading

Posted in Farm Policy, Trade Talks | Comments Off on Tokyo needs to protest US on farm market access: lawmaker

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

Posted in Farm Policy, Trade Talks | Comments Off on Japan’s Abe says no greater market access for US farm goods