U.S. trade chief hoping for TPP approval despite negative rhetoric

May 18, 2016

U.S. trade chief hoping for TPP approval despite negative rhetoric

The top U.S. trade official is not losing hope for congressional approval of a sweeping pan-Pacific free trade agreement this year despite strong anti-trade rhetoric in the U.S. presidential campaign that may be influencing reluctant lawmakers. U.S. Trade Representative Michael Froman told reporters in ...

May 12, 2016

EU asks Japan to open up procurement market in regional cities

The European Union has asked Japan to open up its market for goods and services procurement in municipalities with a population of 100,000 or more as the two economic powers work toward signing a free trade agreement, EU documents and sources said Thursday. While ...

Current account surplus doubled last year on cheap oil

May 12, 2016

Current account surplus doubled last year on cheap oil

The nation’s current account surplus doubled in fiscal 2015 from the previous year to ¥17.98 trillion, buoyed by lower crude oil prices and a surge in travel surplus on the back of a growing number of foreign tourists, the government said Thursday. Cheap crude ...