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 Japan keen to revive free-trade talks 

Japan keen to revive free-trade talks

12 Jul, 2011 08:26 AM
THE Japanese government wants to revive free-trade talks with Australia that stalled in March.

Talks on an Australia-Japan free- trade agreement were difficult even before the March earthquake and tsunami, which led to them being suspended, in part because of Japan's intransigence on opening up ­protected agricultural markets, ­particularly rice, reports The Australian Financial Review .

The two countries have held 12 rounds of talks since 2007, when plans for an agreement were discussed by former prime minister John Howard and then Japanese prime minister Junichiro Koizumi.

In a recent interview with The Australian Financial Review in Tokyo, Japan's State Secretary for Foreign Affairs, Yutaka Banno, said the country was keen to re-energise the ­discussions.

"Because of this unprecedented once-in-a-millennium disaster, the working-level consultations have been delayed," he said.

"But I believe it is not only important for our two countries to resume the talks but to speed them up as soon as possible."

Australian trade officials were not surprised when Japan suspended talks after the disaster, as officials were tied up with helping farmers in one of Japan's most important agricultural regions in Tohoku.

The Gillard government has also been concerned that the continuing instability of the Democratic Party of Japan-led coalition government of Prime Minister Naoto Kan means there is little hope of clinching an agreement in the short term.

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comments


Date: Newest first | Oldest first
Free trade is not always as simple as it sounds but if it’s done properly it makes the world of commerce much smaller and simpler with mutual benefits that are seriously underrated, accelerating mutual economic growth and wealth creation.

Having Julia Gillard manage the process is a worry.


Posted by ken, 12/07/2011 10:48:39 PM
Ken,

You worry too much.

Our politicians are experts is negotiating, just look at the other free trade agreements, and the excellent negotiating position we now have in relation to fossil fuel use after the carbon tax.

Posted by Archibald, 13/07/2011 12:28:12 PM
Archibald,

You trust too much.

The Labor Governments track record with its diplomatic relationships is a shocker. It completely botched the livestock job with Indonesia, our current foreign minister has an estranged relationship with Gillard’s office and the Labor caucus, not to mention he completely fell out with the Chinese for no good reason, in short they are a bunch egomaniac unguided missiles. Its carbon tax is all about revenue raising to deal with their inept economic management and only halfwits think it’s anything more,

Posted by Ken, 13/07/2011 4:41:23 PM

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A scene from the aftermath in Fukushima.
A scene from the aftermath in Fukushima.

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