On March 12 Japan and Mexico reached virtual accord on the conclusion of a bilateral free-trade agreement following 16 months of negotiations.
Between 20th and 24th December, representatives from the two countries will meet in Tokyo and finalise the text of the BIT that has been under much criticism from peoples’ movements of both Korea and Japan.
Japan and Mexico have reached a basic accord on free trade. Japan promises to increase imports of pork, oranges and other agricultural products from Mexico, while that country says it will import more steel, automobiles and other industrial products from Japan.
Prime Minister Junichiro Koizumi on Tuesday ordered his Cabinet ministers to work together to accelerate free-trade negotiations with other Asian nations.
Japan will hold free-trade talks early next year with Malaysia, Thailand and the Philippines, Prime Minister Junichiro Koizumi said Thursday.
The 5th World Trade Organization (WTO) Ministerial Conference in Cancun, Mexico, ended without consensus, clouding the prospects for the ongoing negotiations over the Doha Development Agenda.
During his visit to five ASEAN countries including Malaysia in January 2002, the Prime Minister of Japan, H.E. Mr. Junichiro Koizumi, proposed the “Initiative for Japan-ASEAN Comprehensive Economic Partnership”, to which the then Prime Minister of Malaysia, H.E. Tun Dr. Mahathir bin Mohamad gave his full support.
During his official visit to Japan in November 2001, the Thai Prime Minister, H.E. Dr. Thaksin Shinawatra, proposed to Japanese Prime Minister, H.E. Mr. Junichiro Koizumi, that Thailand and Japan should explore together the possibility of establishing a bilateral Free Trade Agreement (FTA).
JAPAN-PHILIPPINE ECONOMIC PARTNERSHIP AGREEMENT JOINT COORDINATING TEAM REPORT
The Chicago Conference on the Global Economy
’The Future of the Global Trading System’