Oct 6, 2015

Japan Inc. welcomes TPP agreement as opportunity for growth, reform

Japanese business leaders on Monday hailed the conclusion of a Trans-Pacific Partnership agreement, saying the free trade pact will help boost exports when it comes into effect. “We welcome the broad agreement reached,” Sadayuki Sakakibara, chairman of Japanese Business Federation, commonly known as Keidanren, ...

Oct 6, 2015

From cars to wine, how tariffs will change under TPP

The following is a gist of the main points related to Japan’s trade in the 12-country Trans-Pacific Partnership free trade agreement. Japan will incrementally raise its tariff-free annual import quota for U.S. rice from 50,000 tons to 70,000 tons over 13 years, and for ...