Nov 24, 2016

Japan to scrap tariffs on toys to help importers

The government plans to scrap its tariffs on toys in April to ease the burden on domestic makers that sell imported products, Finance Ministry sources said on Wednesday. About 80 percent of the nation’s toy companies make products overseas, such as in China, to ...

Sep 20, 2016

Abe urges Congress to approve TPP 'as soon as possible'

Prime Minister Shinzo Abe urged the U.S. government on Monday to win congressional approval for the Trans-Pacific Partnership free trade pact “as soon as possible” to ensure early implementation of the 12-nation deal. “Japan and the U.S. must each obtain domestic approval of the ...

Sep 12, 2016

TPP members agree not to renegotiate sweeping free trade deal

The 12 countries that signed the Trans-Pacific Partnership free trade pact earlier this year agreed Monday that they will not renegotiate the deal, Japan’s TPP minister Nobuteru Ishihara said. The minister also told reporters the 12 nations confirmed they will move ahead with domestic ...

Jul 15, 2016

Abe, top EU officials agree to accelerate free trade talks

Prime Minister Shinzo Abe and the European Union’s top officials agreed Friday to accelerate negotiations for a free trade deal to reach a broad agreement as soon as possible this year, a Japanese official said. In their talks, Abe and Donald Tusk, president of ...

Japan, Mongolia agree to boost economic ties

Jul 14, 2016

Japan, Mongolia agree to boost economic ties

The top leaders of Japan and Mongolia agreed Thursday to boost economic ties by taking full advantage of a new bilateral trade deal. Prime Minister Shinzo Abe and Mongolian President Tsakhiagiin Elbegdorj held talks on the eve of a biennial summit of Asian and ...

Jul 13, 2016

Japan business chieftains urge Abe to push for early TPP ratification

The nation’s top business leaders urged Prime Minister Shinzo Abe on Wednesday to seek ratification of the Trans-Pacific Partnership free trade pact during an extraordinary Diet session expected to be held in September. Business leaders submitting the written request to Abe at the Prime ...

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 ...