“Wagyu Olympics” which judges the excellence of branded cattle from all over Japan took place.
Watch and try to unveil the mystery of Japanese Wagyu. English, French and Chinese Subtitles are available (Spoken only in Japanese).-
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Category Archives: Trade Talks
TPP-11 kicks in on Dec. 30 for six countries, including Japan
TOKYO, Dec. 31 ― The landmark Trans-Pacific Partnership (TPP) without the U.S., also known as TPP-11, entered into force on Dec. 30, 2018, bringing steep tariff cuts to the first six countries that ratified the trade pact, including Japan, Australia and Canada. That will likely pose challenges for businesses that require Japanese farmers to increase competitiveness at home. Vietnam will officially enter the pact on Jan 14, 2019, while Brunei, Chile, Malaysia and Peru will come on board 60 days after they complete their ratification procedures. With the TPP-11, tariffs were slashed to zero overnight for some products, while others will be reduced over a period of up to 20 … Continue reading
Posted in Farm Policy, Trade Talks
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Japan farm minister reaffirms not go beyond TPP limit on rice
TOKYO, Dec. 6 ― Japan’s Agriculture Minister Takamori Yoshikawa reaffirmed that his government will not go beyond the already historic concessions Tokyo had offered to Washington in the Trade-Pacific Partnership (TPP) at upcoming bilateral talks with the U.S. Testifying before the lower house of agriculture committee on Dec. 5, Yoshikawa told fellow parliamentarians: “Go beyond the TPP concessions is just unimaginable.” Japan and the U.S. is expected to kick off negotiations for a trade agreement on goods (TAG) as early as January 2019, and the U.S. President Donald Trump recently expressed a willingness to get “a substantially better TPP” deal. The U.S. rice industry, the largest rice exporter to Japan … Continue reading
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Japanese government says no review for TPP’s beef safeguard
TOKYO, Dec. 1 ― The Trans-Pacific Partnership (TPP) without the U.S., known as TPP-11, is set to come into force on Dec. 30, and the Japanese government still insists that it will not review trade remedies even the U.S. return to the trade deal is unlikely to happen. After the U.S. withdrawal, 11 remaining members decided the best way to deal with the concerns was to put the controversial provisions on ice until the U.S. was to return. As a result, the TPP-11 has no changes from the original TPP for any of the current member commitments in areas like market access for agriculture products or trade remedies. But at … Continue reading
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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
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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
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