May 27, 2015

TPP meeting ends without setting date for ministerial session

Chief negotiators from countries involved in the proposed Trans-Pacific Partnership free trade initiative wrapped up their latest round of negotiations in Guam on Wednesday, without setting a date for a ministerial meeting to reach a broad agreement. The 12 countries in the negotiations have ...

May 26, 2015

Japan to urge Indonesia to cut auto tariffs as agreed in FTA

Japan will urge Indonesia to lower its tariffs on Japanese automobiles as agreed under a bilateral free trade pact that entered into force in 2008, trade minister Yoichi Miyazawa said Tuesday. Miyazawa said Japan and Indonesia are expected to hold bilateral discussions on the ...

May 21, 2015

TPP nations to give up on Guam ministerial meeting as TPA pends

The 12 countries engaged in the Trans-Pacific Partnership trade talks have given up on holding a ministerial meeting in Guam, informed sources said. They dropped the plan for the meeting on the broad free trade accord because it is uncertain whether the U.S. Congress ...

May 19, 2015

Strike TPP deal as soon as possible, former U.S trade rep says

The Trans-Pacific Partnership free trade negotiations are important for both the United States and Japan, and an early conclusion is desirable for the 12-country talks, former U.S. Trade Representative Mickey Kantor said in a recent interview. “It is in both countries’ interest that the ...

Trade deal helps boost sales of Aussie beef in Japan

May 13, 2015

Trade deal helps boost sales of Aussie beef in Japan

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Australia is set to strengthen its dominance over the U.S. as Japan’s biggest beef supplier as a trade deal drives shipments toward a four-year high. Imports of Australian chilled beef rose 8 percent last quarter and may reach the highest since 2011 while shipments ...

May 1, 2015

TPP ministers expected to meet this month in Philippines

Ministers from the 12 countries negotiating the vaunted Trans-Pacific Partnership free-trade bloc are expected to meet in the Philippines for three days starting May 26, according to U.S. Undersecretary of State for Economic Growth Catherine Novelli told reporters on Thursday. The U.S., Japan and ...

Feb 28, 2015

U.S. business leader envisions TPP deal before June

A senior official of the U.S. Chamber of Commerce said Friday she expects the 12 countries negotiating a Pacific free trade initiative to strike a deal “before June.” Tami Overby, the chamber’s senior vice president for Asia, told an event that if Congress enacts ...

Japan, Mongolia sign economic partnership agreement

Feb 11, 2015

Japan, Mongolia sign economic partnership agreement

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Japan and Mongolia have signed a bilateral economic partnership agreement that will expand trade and enhance the strategic partnership between the two countries. The agreement was signed by Prime Minister Shinzo Abe and his visiting counterpart Chimed Saikhanbileg at the prime minister’s office in ...

TPP success key to clinching other free trade deals

Jan 6, 2015

TPP success key to clinching other free trade deals

Although Prime Minister Shinzo Abe wants to clinch large-scale free trade agreements with a range of countries to help spur economic growth, negotiations have stalled over the extent of trade liberalization those countries expect. Abe hopes to leverage anticipated progress in talks on the ...

Dec 12, 2014

FTA talks stall over European access to gas, electricity markets

Japan and the European Union struggled to bridge gaps over the opening up of Japan’s electricity and gas markets, one of Europe’s key interests, during a round of free-trade talks that ended Friday. The 28-country bloc has called for more transparency in procurement procedures ...