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Senior bureaucrats to visit U.S. today to propose agenda for new economic dialogue

  • March 10, 2017
  • , NHK
  • JMH Summary

NHK reported this morning that vice-minister level officials of MOFA, the Finance Ministry, METI, and MLIT will visit the U.S. today and meet with senior White House officials to propose topics Japan hopes to discuss at the new economic dialogue. The network said the Japanese side will propose development of infrastructure such as railways, development of energy such as shale gas, and robotic technology development in the economic cooperation sector, and also propose cooperation in measures against the practice of mass producing goods using subsidies and exporting them at an unreasonably low price. The network said the two governments are making arrangements to hold their first economic dialogue in mid-April in Tokyo. 

 

In a related story, Yomiuri front-paged a GOJ idea to export in cooperation with America infrastructure hard- and software to developing nations in Latin America to help the U.S. reduce its trade deficit and increase jobs at home. The Abe administration plans to put forward the idea to the Trump administration today so that details can be discussed in the planned economic dialogue in Tokyo in April. By proposing a “win-win” initiative for the two nations, under which Japanese companies can assist such U.S. firms as GE in exporting their infrastructure knowhow on railway and port construction in the Third World, Japan is reportedly hoping to deflect a potential U.S. focus on specific disputes such as the auto trade imbalance in the economic discussions co-headed by Vice President Pence and Deputy Prime Minister Aso.

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