May 23, 2013

U.S. inks new trade pact with Yangon

The U.S. and Myanmar struck a trade agreement Tuesday as the former pariah state undertakes economic reforms and seeks greater American investment. The Trade and Investment Framework Agreement is aimed at promoting bilateral dialogue and cooperation on trade and investment issues, the United States ...

2,000 attend Africa resources confab

May 17, 2013

2,000 attend Africa resources confab

A two-day meeting to discuss how to utilize African natural resources started in Tokyo on Thursday, with around 2,000 people, including natural resources ministers from 15 African nations, attending. At the Japan Sustainable Mining, Investment and Technology Business Forum, or J-SUMIT, the African ministers ...

EU-U.S. trade deal faces raft of challenges

| May 15, 2013

EU-U.S. trade deal faces raft of challenges

Supporters of a U.S.-European free-trade deal have begun damping expectations about its immediate benefits amid a series of emerging disputes that could complicate the creation of the world’s largest trade zone. President Barack Obama and British Prime Minister David Cameron met Monday and affirmed ...

May 8, 2013

China cuts ties with key North Korean bank

The Bank of China ends all dealings with a key North Korean bank in what appears to be the strongest public Chinese response yet to Pyongyang's willingness to push ahead with its nuclear and ballistic missile programs.

Obama picks two for trade, Commerce

May 4, 2013

Obama picks two for trade, Commerce

President Barack Obama on Thursday nominated longtime fundraiser and hotel magnate Penny Pritzker as commerce secretary and veteran aide Michael Froman as the U.S. trade representative (USTR). He made the announcement before embarking on a three-day economic and security trip to Mexico and Latin ...

Apr 21, 2013

APEC ministers discuss free trade as TPP remains in focus

Trade ministers of the APEC forum discussed free trade and ways to facilitate investment as their two-day gathering kicked off Saturday in Indonesia. The meeting coincided with Japan winning formal approval to participate in the Trans-Pacific Partnership trade talks from all 11 member states ...

Apr 19, 2013

Record trade deficit in 2012

Japan logs a record-high ¥8.17 trillion trade deficit for fiscal 2012 as the Senkakus clash with China and Europe’s debt crisis stifled exports.

Apr 10, 2013

Likely U.S. nod to put Japan in TPP talks by July

Tokyo and Washington are likely to conclude bilateral preparatory talks this week on the Trans-Pacific Partnership trade liberalization deal, clearing the way for Japan to join the talks as early as July, government sources said Tuesday. Tokyo has agreed to allow the United States ...

Apr 3, 2013

U.S. prods Japan to lift nontariff barriers

The United States on Monday prodded Japan to remove nontariff barriers for U.S. companies in the domestic automobile and insurance markets. Various nontariff barriers have traditionally impeded access to Japan’s car market, the Office of the U.S. Trade Representative said in its 2013 National ...

Mar 27, 2013

Tokyo in FTA talks with Seoul, Beijing

Japan, China and South Korea launch the first round of negotiations for concluding a free-trade agreement among the three nations that together account for around 20 percent of world gross domestic product.

Mar 27, 2013

Regional FTA quests playing off each other

by Miya Tanaka

Japan is entering a new stage in its pursuit of free-trade agreements as it begins bilateral and multilateral FTA negotiations involving its three major trade partners — the United States, the European Union and China. Just about a week before declaring the launch of ...