Nov 12, 2014

Iceland eager to reach free trade agreement with Japan

Iceland Foreign Minister Gunnar Sveinsson said his country is eager to reach a free trade agreement with Japan, calling on Tokyo to take “new steps” in this direction. “We have been doing business and trade for a long time” with Japan, Sveinsson said 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 ...

Canada ratifies China deal that may help smooth relations

Sep 13, 2014

Canada ratifies China deal that may help smooth relations

Canada has finally ratified a foreign investment protection agreement with China after a two-year delay, a step that may help ease tensions between the two countries and smooth the way for a possible visit to China by Prime Minister Stephen Harper. International Trade Minister ...

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 ...

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 ...

Aug 18, 2014

TPP meeting scheduled in Hanoi next month

The 12 nations involved in the Trans-Pacific Partnership free trade initiative will hold a working-level meeting in Hanoi next month, Japanese government officials said Monday. The chief negotiators of the 12 TPP member economies are also expected to meet for 10 days of negotiations ...

Aug 14, 2014

Japan-U.S. auto talks leave TPP spinning its wheels

Japan and the United States failed to make significant progress Thursday on opening the Japanese automobile sector, ending working-level talks in Tokyo aimed at sealing the 12-nation Trans-Pacific Partnership agreement. “Though our mutual understanding advanced as a whole, there was no major progress,” Takeo ...

Japan, U.S. take 'step forward' in beef, pork tariffs talks

Aug 6, 2014

Japan, U.S. take 'step forward' in beef, pork tariffs talks

Japan and the United States have taken a “step forward” in negotiations over Tokyo’s proposal to maintain tariffs on beef and pork under the Trans-Pacific Partnership, but severe hurdles remain, a Japanese trade official said. Both governments will continue trying to strike a deal, ...

Abe talks up trade ties with Latin American alliance

Aug 3, 2014

Abe talks up trade ties with Latin American alliance

Prime Minister Shinzo Abe expressed eagerness Saturday to bolster economic and trade ties with the four Latin American nations that make up the Pacific Alliance, after accelerating the conclusion of a free trade agreement with Colombia. “Let’s strengthen economic relations between Japan and Latin ...