NST Online Business Times : latest
NST Online Business Times : latest |
| Mexico backs Japan's TPP talks bid Posted: 08 Apr 2013 06:54 PM PDT Mexico on Monday gave its support to Japan's bid to join trade talks in the Asia-Pacific region that would create the world's largest free trade zone. Japan asked to join the Trans-Pacific Partnership (TPP) in March and is awaiting a formal decision by the 11 current participating countries, which could come as early as this month. "We express our sympathy, support and backing for the interest that Japan has shown in participating in the TPP," Mexican President Enrique Pena Nieto said at a joint news conference with Japanese Prime Minister Shinzo Abe in Tokyo. New Zealand Trade Minister Tim Groser said it was possible that Japan's bid would be approved when trade ministers of the 21-member Asia-Pacific Economic Cooperation (Apec) forum meet in Indonesia on April 20-21.
Singapore has backed Japan's entry, but the US is among the countries yet to express a view. The support of all current participants is needed before Japan can join. Current TPP members -- which also include Australia, Canada, Chile, Peru, Vietnam, Brunei and Malaysia -- have a goal of finishing the talks this year, possibly in October at the annual Apec leaders meeting in Bali.-- Reuters
|
| Japan, US in final stage consultation Posted: 08 Apr 2013 07:08 PM PDT TOKYO: Japanese Economics Minister Akira Amari said on Tuesday Japan and the US are in the final stage of consultations about Japan joining Trans-Pacific trade talks. He also said a gap between the US and Japan on sensitive issues such as agriculture and automakers had been narrowing. Japan expressed its commitment last month to join the Trans-Pacific Partnership (TPP) and is waiting for a formal decision by the 11 current members, which could come this month. Last Friday, the Japanese government set up a task force to speed up talk with the TPP member nations. The task force started with 65 government officials but will expand to about 100, including experts from the private sector such as lawyers.
New Zealand Trade Minister Tim Groser said it was possible that Japan's bid would be approved when trade ministers from the 21-member Asia-Pacific Economic Cooperation forum meet in Indonesia on April 20-21. Other countries in the trade talks include Canada, Australia, Chile, Peru, Vietnam, Malaysia and Brunei. The addition of the world's third-largest economy would expand the pact to cover nearly 40 per cent of the world's economic output.-- Reuters |
| You are subscribed to email updates from Business Times : latest To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 ulasan:
Catat Ulasan