Japan’s lower house on Friday passed a bill to ratify the Trans-Pacific Partnership free trade pact, paving the way for its enactment before the current Diet session ends in June.
The United States and Japan will “move rapidly” to get a trade deal under a new framework aimed at intensifying bilateral trade consultations, US ambassador William Hagerty said, keeping pressure on Tokyo to open up protected markets like agriculture.
Ministers from 16 Asia-Pacific countries negotiating a regional trade deal will meet in Tokyo on July 1, 2018.
Trade ministers of China and Japan pledged to further enhance bilateral economic and trade cooperation during their meeting here on Wednesday.
The Japanese government is getting ready to host a meeting for Regional Comprehensive Economic Partnership.
Premier Li Keqiang says three nations should speed up free-trade talks, as Beijing also seeks to maintain influence on Korean peninsula.
As released by the European Commission
On 18 April 2018 the European Commission (the “Commission“) presented the finalised text of the EU-Japan Economic Partnership Agreement (“EPA“) to the European Council and thereby took the first step in the EPA’s ratification process at the EU level.
US Trade Representative Robert Lighthizer on Tuesday expressed eagerness to strike a free trade agreement with Japan "at some point."
The Singapore meeting is significant, for several participants in RCEP are keen to wrap up the negotiations quickly, especially since the negotiations have gone well beyond the original deadline of end-2015.
Japan’s Economy Minister Toshimitsu Motegi said on Tuesday that bilateral talks on trade under a new framework led by him and US Trade Representative Robert Lighthizer won’t begin until mid-June at the earliest.
Tokyo has some work to do to convince the region its strategy is not designed to contain China.
Japan seeks US return to TPP but president unlikely to bend on bilateral deal.
The European Commission put forward a proposed free-trade agreement with Japan for fast-track approval, hoping to avoid a repeat of the public protests that nearly derailed a trade pact with Canada.
The Japan-China high-level economic dialogue on Monday — the first such meeting in about eight years — marked a first step toward resetting a bilateral relationship that has been under strain amid such issues as perceptions of history and deepening economic ties.
Japanese Prime Minister Shinzo Abe is meeting Trump in Florida now. Facing domestic political turmoil, Abe is seeking to achieve something out of the summit. The first and foremost is the 232 steel and aluminum tariff of the US.
Following calls for openness and public participation, the European Commission now advertises its trade negotiations as transparent and inclusive. But crucial information about EU trade deals are still kept from citizens. Even member state governments regularly complain about being left in the dark. At the same time, corporations continue to call the shots on EU trade talks.
The governments of Japan and China stressed the importance of free trade and pledged to accelerate negotiations of bilateral pacts at their high-level economic dialogue in Tokyo on Monday, the first such meeting in eight years.
The US is making a tougher push for Japan to begin talks on a bilateral free trade agreement, exploring demands on foreign exchange policy and exports, as Prime Minister Shinzo Abe prepares to visit the country this week.
Japan and the European Union are slated to affix the final signatures on a wide-ranging free trade pact in mid-July in Brussels, according to sources on both sides familiar with the talks.