ISDS Case Map
Japan
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.
While agreeing at the Japan-EU summit in Brussels to start what is called a "scoping" exercise suggests that the 27-member European Union has become more serious about the launch of the FTA talks, a Japanese government official familiar with bilateral relations appeared jittery.
Leaders of the European Union and Japan on Saturday agreed to start talks towards a multi-billion-euro free trade deal linking the world's third biggest economy to the globe's largest market.
Japan and Peru are expected to sign a bilateral free-trade agreement Tuesday when Peruvian Foreign Minister Jose Antonio Garcia Belaunde visits Tokyo.
Japan and Hungary have agreed to work closely on Tokyo's intention to sign a free trade agreement with the European Union, Japanese officials said.
Congress has urged Malacañ ang to make a comprehensive review of the Philippine-Japan Economic Partnership Agreement (PJEPA) and focus on investments and exports.
The House committee on economic affairs endorsed yesterday a resolution seeking the renegotiation of the Japan-Philippines Economic Partnership Agreement (JPEPA) to allow the entry of more Filipino nurses in Japan.
The leaders of Japan, China and South Korea pledged Sunday to speed up laying the ground work for a possible three-way free trade pact, in a step to revitalize discussions in light of the economic damage from the massive earthquake and tsunami that struck Japan on March 11.
Business circles are increasingly worried a delay in Japan's entry into the multilateral Trans-Pacific Partnership free trade pact would exacerbate the hollowing out of domestic industries.
Japan and Peru plan to sign a bilateral free-trade agreement around the end of this month during a visit to Japan by a Peruvian minister, according to sources in both governments.
