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

by Masaaki Kameda

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 ...

Dec 8, 2014

Japan, EU kick off eighth round of EPA talks

Japan and the European Union on Monday began five days of talks aimed at wrapping up an economic partnership agreement. Negotiators are expected to discuss issues including goods trade liberalization and the easing of nontariff trade barriers during the Tokyo talks, the eighth of ...

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 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 ...