Japan


Customs misses 1st-half target by 8.6%
The Bureau of Customs on Wednesday said its collections in the first six months were 8.6-percent below target due to a strong peso and partly as a result of slower imports following Japan’s twin disasters in March.
EU calls on Japan to compromise on free trade talks
European Union President Herman Van Rompuy told Hiromasa Yonekura, head of the Japan Business Federation, that Japan should budge on the issue of dropping nontariff barriers, an official said, quoting Yonekura as saying during the meeting, "I will tell the government when I'm back."
Senate archives Chief calls Senators 'liars'
A section chief at the Senate accused lawmakers who signed the Japan-Philippines Economic Partnership Agreement (JPEPA) of being “big liars” and betraying public trust as she revealed that contrary to the interest and safety of the Filipinos, toxic and nuclear wastes from Japan will be brought into the country.
Japan proposes launch of economic dialogue with Mercosur
Japan proposed Wednesday launching a dialogue with Mercosur, the four-nation South American trade bloc, to boost economic relations and explore the possibility of signing a free trade agreement.
Chile sees no problem with Japan joining TPP later
Chile's chief trade negotiator said Thursday he sees little downside for Japan delaying a decision to join the Trans-Pacific Partnership free trade pact because the negotiations are expected to be a very long and complex.
Foreign restaurants eating into local action
The Thailand Restaurant Association (TRA) warns that foreign food chains are posing a greater threat to Thai restaurant operators amid government indifference and failure to promote the local industry.
Peru wants to see Japanese investments in manufacture, technology
Peru wants to see increased investments from Japan in manufacturing and technological products, said Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros, adding that the recent signing of the bilateral free trade agreement is beneficial for both nations in boosting trade and opening up investment opportunities.
Prospect for a Free Trade Agreement (FTA) between Sri Lanka and Japan has come under discussion at bilateral level
Given the strong economic, political and cultural ties shared by the two countries an FTA to further bolster bilateral trade had been a topic during a meeting between Japanese Ambassador Kunio Takahashi and Minister of Industry and Commerce Rishad Bathiudeen.
Trade groups urge FTA among S. Korea, China, Japan
Major trade organizations of South Korea, China and Japan urged their governments Friday to quickly sign a three-way free trade agreement (FTA) to strengthen their economic cooperation.
Peru, Japan FTA to contribute to increase trade flow in 30%
Peru and Japan will increase trade flow in 30 percent thanks to the signing of a bilateral Free Trade Agreement (FTA) by both countries which will come into effect in a short term, reported Tuesday Peruvian Minister of Foreign Trade and Tourism Eduardo Ferreyros.