Monthly Archives: April 2014

【News】 U.S. urges Japan to set minimum import target for autos under TPP (April 21, 2014)

  The United States is demanding that Japan set a yearly import target for American cars in the bilateral negotiations for the Trans-Pacific Partnership free-trade talks, it was learned Sunday. Sources close to the negotiations disclosed that the U.S. wants to introduce a system that would allow it to delay phase out of tariffs on Japanese automobiles by the number of years in which Japanese imports of U.S. autos fall below the target. This means unless Japan continues to import certain amount of U.S.-made automobiles every year, U.S. tariffs on Japanese cars will be maintained almost indefinitely. According to the sources, Japan has strongly rejected such requests, saying it cannot … Continue reading

Posted in Trade Talks | Tagged | Comments Off on 【News】 U.S. urges Japan to set minimum import target for autos under TPP (April 21, 2014)

【News】 Japan and Australia agrees on low-tariff import quota for meat products (April 18, 2014)

  The Ministry of Agriculture, Forestry and Fisheries disclosed details of the Japan-Australia Economic Partnership Agreement on Thursday, April 17, including setting low-tariff import quota for key meat products to prevent the domestic industry from being damaged by a sharp rise in imports. But many worry that the agreement will result in influx of low-price Australian products, pressuring prices of domestic produce to decline. The ministry, which has already revealed details of the agreement concerning beef and cheese which are items of special interest, disclosed this time specific rules regarding seven sectors – beef offal and prepared products, pork, poultry, chicken eggs, dairy products, honey and livestock. An import quota … Continue reading

Posted in Food & Agriculture, Trade Talks | Tagged | Comments Off on 【News】 Japan and Australia agrees on low-tariff import quota for meat products (April 18, 2014)

【News】 Raw milk production drops in 2013 (April 16, 2014)

  Domestic raw milk production totaled 7.186344 million tons in fiscal 2013, marking a year-on-year decline of 2 percent, Japan Dairy Council announced on Tuesday, April 15. The council attributed the drop in production to a decreasing number of milk cows, as many farmers squeezed or gave up dairy farming due to rising feed prices. Production of milk for manufacturing items with a longer shelf life such as butter and skimmed milk powder dropped 8.1 percent from a year before to 1.603945 tons. Such milk is used to keep supply-demand balance. As a result, the amount was 206,000 tons short of the production target for milk processed into dairy products. … Continue reading

Posted in Food & Agriculture | Tagged | Comments Off on 【News】 Raw milk production drops in 2013 (April 16, 2014)

【News】 Japanese minister denies cutting American beef tariffs below 10 percent (April 11, 2014)

  Akira Amari, minister in charge of the Trans-Pacific Partnership free-trade talks, denied on Thursday, April 10, media reports that Japan is considering cutting tariffs on American beef from the current 38.5 percent to below 10 percent. Amari told reporters before meeting with U.S. Trade Representative Michael Froman for the second day that no specific tariff rates have been discussed. Concerning the ongoing Japan-U.S. bilateral negotiations on the TPP talks, Amari said the U.S. side is only referring to the basic principles of abolishing tariffs without exceptions and has not mentioned any specific figures. A senior official of the Ministry of Agriculture, Forestry and Fisheries also denied the reports, saying … Continue reading

Posted in Trade Talks | Tagged | Comments Off on 【News】 Japanese minister denies cutting American beef tariffs below 10 percent (April 11, 2014)

【News】 Japan-Australia EPA fuels worries over possible price decline in beef market (April 9, 2014)

  Japan and Australia reached a basic accord on an economic partnership agreement on Monday, April 7, making it Japan’s first agreement with a major exporting nation of agricultural products. While the two nations agreed on the most controversial issue of tariffs on beef, the tariffs will be reduced gradually over a long period of time and Japan will be allowed to take a safeguard measure of raising the tariffs to the original level if imports exceed a certain level. This virtually means low tariffs will be applied only to imports within a certain quota. Such measures reflect the Japanあese government’s intention to minimize the impact of beef imports on … Continue reading

Posted in Food & Agriculture, Trade Talks | Tagged | Comments Off on 【News】 Japan-Australia EPA fuels worries over possible price decline in beef market (April 9, 2014)