Japan will join forces with other members of the Asia-Pacific Economic Cooperation forum in its upcoming trade ministers’ meeting to pressure the United States to help strengthen global regulations to prevent the abuse of antidumping measures, trade chief Takashi Fukaya said Tuesday.
At a regular press conference, Fukaya restated that he is determined to seek an early launch of the new round of trade liberalization negotiations under the World Trade Organization.
He added that he hopes to strengthen antidumping rules at the new WTO round through efforts at the APEC trade ministers’ meeting to be held in Darwin, Australia, on June 6 and 7.
Fukaya announced that he will visit Darwin from June 4 through June 8 to attend the meeting and hold numerous bilateral talks with other APEC ministers, including a delegate from the office of the U.S. Trade Representative.
WTO Director General Mike Moore also plans to attend the meeting, which will give considerable weight to issues concerning subregional free-trade agreements and bilateral trade pacts within APEC as well as the new WTO round, Fukaya said.
“Apart from the U.S., APEC (members) share a view on antidumping measures closer to our own,” Fukaya told reporters. “I think (the trade ministers’ meeting) will be a good opportunity for the U.S. to reflect upon the overall thinking (of APEC).”
Stressing the importance for the APEC trade ministers to chart the course of APEC activities toward its ministerial and summit meetings scheduled in November, and to exchange opinions on the launch of the new WTO round, Fukaya said Japan will propose cooperation in four areas.
The proposals concern: helping developing countries build infrastructure and develop human resources to realize WTO agreements; holding seminars on new areas of WTO negotiations, such as investment and competition; undertaking joint studies of free-trade agreements and investment pacts; and exempting the least developed countries from tariffs on their exports.