On October 30, 2012, Ministry of Economy, Trade and Industry ("METI") and Ministry of Foreign Affairs ("MOFA") of Japan jointly announced that Japan and Canada start 1st round of negotiation for the Japan-Canada bilateral EPA. This 1st round of negotiation meeting will be held in Tokyo from November 26 to 30, 2012, and the topics will be how the negotiation will be proceeded from now on and exchange of opinions in area of trade in goods, service, investment, and intellectual property etc.
On March 2012, Japan and Canada completed the joint study of possible effect of bilateral EPA and expressed in the summit meeting that both countries agreed to start EPA negotiation. Japan aim to secure natural resource produced in Canada such as natural gas or shale gas. Also, Japan’s main export item to Canada is automobile, its MFN tariff rate into Canada is currently 6.1%, it is higher than 2.5% of United States. EPA may help to increase automobile export to Canada. On the other hand, Canada expect more export of agricultural products to Japanese market, such as soybean or pork. As Japan treat farm products as sensitive items, the focus in EPA negotiation would be how Japan open agricultural market to Canada.
2012年10月31日水曜日
2012年10月1日月曜日
Japan, China, and Korea FTA discussion working on despite territorial dispute
The senior officials meeting to discuss Japan, China and Korea trilateral FTA was held on September 27, 2012 in Seoul, Korea. This meeting was working level consultation for preparation of possible trilateral FTA which was agreed to start negotiation in May 2012 in summit meeting of three countries.
Although Japan is in midst of territorial dispute with China and Korea, economic cooperation development looks like being treated as different matter, the FTA preparation meeting took place as scheduled. At this point of time, the trilateral FTA negotiation will go forward, at least not stopping, and expecting the announcement of FTA negotiation start by the end of 2012.
(Source: http://www.meti.go.jp/press/2012/09/20120928003/20120928003.html )
Although Japan is in midst of territorial dispute with China and Korea, economic cooperation development looks like being treated as different matter, the FTA preparation meeting took place as scheduled. At this point of time, the trilateral FTA negotiation will go forward, at least not stopping, and expecting the announcement of FTA negotiation start by the end of 2012.
(Source: http://www.meti.go.jp/press/2012/09/20120928003/20120928003.html )
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