ISDS Case Map
Japan
Now that the global trade talks under the World Trade Organization have collapsed, Japan will be forced to walk down what looks like a rocky road to seek bilateral free trade agreements, marking a departure from its trade policy based on both multilateral and bilateral approaches.
Foreign Minister Alexander Downer ended a Tokyo visit yesterday confident that negotiations for a free trade agreement (FTA) with Japan, the most lucrative bilateral deal available to Australia, can start next year.
Visiting Australian Foreign Minister Alexander Downer expressed hope that Canberra could enter into official negotiations on a free trade agreement with Japan next year by concluding the ongoing feasibility study at an early date, Japanese officials said.
A free trade deal between Australia and Japan could be a multi-billion dollar bonanza for both countries, Foreign Minister Alexander Downer has suggested.
Japan's trade minister will propose forming a 16-nation East Asian free trade zone, including India, that covers half the world's population and a quarter of its gross domestic product at an upcoming regional forum, an official said.
While 23 July marked the 50th anniversary of bilateral friendship between Japan and the Philippines, Tokyo has decided not to use the occasion to conclude a long-awaited free trade agreement (FTA) with a fellow Asian country.
Japan is expected to focus its trade policy more on bilateral free trade agreements after the World Trade Organization's Doha round of global trade liberalization talks has effectively collapsed.
A joint study group, which was set up during the Japanese Prime Minister Junichiro Koizumi's visit to India in 2005, has given the green signal for having a Comprehensive Economic Partnership Agreement (CEPA) between India and Japan.
Trade Minister Mari Elka Pengestu says the government cannot sign a much-awaited Economic Partnership Agreement (EPA) with Japan by the year's end unless the House of Representatives speeds up the passage of the new investment bill.
Now that the global trade talks under the World Trade Organization have collapsed, Japan will be forced to walk down what looks like a rocky road to seek bilateral free trade agreements, marking a departure from its trade policy based on both multilateral and bilateral approaches.
