Japan appears to be speeding up steps to resume talks with Korea on an “economic partnership agreement,” the term Japan uses to describe a free trade agreement.
Japan's biggest business lobby has been pushing for economic integration within the rapidly growing Asian region, as Japan turns to its neighbors to lift its own economy as it combats deflation.
The government said yesterday Korea will take the initiative in discussions on integrating East Asian economies and push for a trilateral free trade agreement between Korea, China and Japan.
A trilateral meeting among three Northeast Asian countries is slated for Tuesday in Seoul as the three countries seek to launch a joint research on a free trade pact, Seoul's trade ministry said Monday.
India’s free trade agreement (FTA) negotiations with EU and Japan are likely to prevent a proposal to ban trade in electronic waste (e-waste) from being incorporated in the draft rules to be notified by the environment ministry in two months.