Dec 1, 2014

Japan, Turkey open trade talks in Tokyo

Japan and Turkey began their first round of negotiations Monday for a bilateral free trade agreement, aiming to further strengthen economic cooperation. The meeting, to be held over two days in Tokyo, follows an agreement reached in January between Prime Minister Shinzo Abe and ...

Nov 4, 2014

Japan wants APEC to discuss services free trade next year

Japan will propose full-fledged discussions between the 21 members of the Asia-Pacific Economic Cooperation forum on relaxing a range of barriers on services in the manufacturing and environmental sectors, informed sources said. It will present the proposal to partners during upcoming APEC meetings in ...

Oct 31, 2014

No prospect for TPP breakthrough at APEC: U.S.

U.S. trade chief Michael Froman said Thursday there is no prospect of clinching an agreement on a contentious Pacific free trade initiative at the upcoming summit of the Asia-Pacific Economic Cooperation forum. “We do not expect to have a final agreement on TPP at ...

U.S., Australia assure momentum building on TPP trade deal

Oct 26, 2014

U.S., Australia assure momentum building on TPP trade deal

Momentum is building toward a pan-Pacific trade agreement, representatives of Australia and the United States said Saturday as talks between trade ministers began in Sydney. The Trans-Pacific Partnership, which would encompass 40 percent of the global economy and include 12 nations, has been the ...

Oct 6, 2014

Japan-U.S. accord still seen as key to TPP deal

An agreement between Japan and the United States is still a key element before the envisioned Trans-Pacific Partnership can become a reality, according to informed sources. Ministers from 12 TPP negotiation member states, including Japan and the United States, will gather for three days ...

Oct 3, 2014

Froman again urges Tokyo to make concessions for TPP deal

U.S. Trade Representative Michael Froman urged Japan to make more concessions over thorny bilateral issues to break the current deadlock in a 12-nation Pacific free trade initiative. Froman said he looks forward to “bold visions at the negotiating table” on the issues of market ...

Oct 2, 2014

TPP ministerial session eyed for Oct. 25 to 27

Japan, the United States and 10 other countries taking part in the Trans-Pacific Partnership negotiations are planning to hold a ministerial session Oct. 25 to 27 in Australia, according to informed sources. The ministerial session will seek breakthroughs in pending issues including tariff removal ...

Sep 9, 2014

Australia urges Japan to further lower beef tariffs in TPP

Australia is urging Japan to further lower its tariffs on beef under the Trans-Pacific Partnership after Tokyo agreed to substantially cut them under a two-way free trade deal struck in April, negotiation sources said Tuesday. Australia, which became the first major farming country to ...

Sep 6, 2014

In talks Japan and U.S. remain apart over TPP-related auto trade

Japan and the United States remained apart Friday over the issue of whether Japan can allow U.S. automakers more access to the domestic market under an envisioned Pacific free trade deal, a Japanese official said. “We made some progress but reached no new agreement,” ...

Aug 29, 2014

Japan, U.S. trade chief might hold TPP powwow in September: Amari

Tokyo and Washington could hold a ministerial meeting in September to reach agreement on contentious bilateral issues related to the Trans-Pacific Partnership, the minister in charge of the trade initiative said Friday. Akira Amari said he thinks there is a possibility he will meet ...