ECONOMY > Trade

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INTERNATIONAL > U.S.

Japan should consider U.S. thinking on economic security

By “Kogoro”   Economic security will be one of the issues discussed during the ordinary Diet session that convenes on Jan. 17. The emphasis will be on building a network to contain China together with the United States, Japan’s ally. Even though the Biden administration is generally considered to be liberal, its stance toward China is actually more hardline than….Read more

  • January 12, 2022
  • , Nikkei , p. 25
  • JMH Translation

ECONOMY > Agriculture

Editorial: Strategy shift key to raising food exports past 1 trillion yen

Japan’s exports of agricultural, forestry and fisheries products topped the government target of 1 trillion yen ($8.74 billion) for the first time last year.   Exports surged 26.8 percent to reach 1,077.9 billion yen during the first 11 months of 2021 compared with the same period of the previous year, according to the Ministry of Agriculture, Forestry and Fisheries.   Exports….Read more

  • January 14, 2022
  • , The Asahi Shimbun , 1:14 p.m.
  • English Press

ECONOMY > Agriculture

Premium Japanese melons bound for Singapore, grapes for Vietnam

KEN HOTAI, Nikkei staff writer   KOCHI, Japan — Starting in March, planes will ship high-value, hard-to-produce items from Japan to Singapore — not computer chips or auto parts, but melons.   A farm in western Japan plans to export muskmelons to Singapore and to grow grapes in Vietnam and Thailand as the COVID-19 pandemic keeps away the tourists who….Read more

  • January 17, 2022
  • , Nikkei Asia , 0:02 a.m.
  • English Press

ECONOMY > Trade

Japan asks Taiwan to lift ban on food imports

Japan has asked Taiwan to lift its ban on some Japanese food imports, in place since the Fukushima Daiichi nuclear plant accident in March 2011.   Representatives from the two sides met in Taipei on Tuesday for their trade and economic conference for the first time in about two years and three months.   Chiou I-jen, who heads the Taiwan-Japan….Read more

INTERNATIONAL > East Asia & Pacific

Taiwan heading toward lifting Japanese food import ban

Taipei, Jan. 10 (Jiji Press)–Taiwan is moving toward a possible removal of a ban on agricultural imports from five Japanese prefectures introduced due to the 2011 nuclear accident at the Fukushima No. 1 nuclear power plant.     “Now it’s all up to the decision of President Tsai Ing-wen,” a diplomatic source said. There is a view that the ban will be….Read more

  • January 10, 2022
  • , Jiji Press , 8:51 p.m.
  • English Press

ECONOMY > Trade

Editorial: RCEP members must improve pact to catalyze greater cooperation

The Regional Comprehensive Economic Partnership, a trade pact that includes China, Japan, South Korea and the member states of the Association of Southeast Asian Nations, came into effect with the start of 2022.   This massive trade bloc — which covers approximately 30% of the world’s gross domestic product, trade volume and population — will impact not only the region’s trade and investment but….Read more

  • January 5, 2022
  • , Nikkei Asia , 1:01 p.m.
  • English Press

ECONOMY > Trade

RCEP’s fruits come with challenge of keeping China in check

TOKYO – With the Regional Comprehensive Economic Partnership agreement taking effect Saturday, Japan and other member nations expect to revitalize the pandemic-hit economy through free trade in the economic bloc, regarded as the world’s largest, covering about a third of the global economy.   An outlook on its impact on Japan’s economy is particularly rosy, some analysis suggested. At the same….Read more

  • December 31, 2021
  • , Kyodo News , 11:52
  • English Press

INTERNATIONAL > East Asia & Pacific

RCEP regional trade deal takes effect

The Saturday editions of all national dailies wrote that the Regional Comprehensive Economic Partnership (RCEP) trade agreement took effect on Saturday, noting that the pact involves 15 nations, including Japan, China, South Korea, and ASEAN countries, that constitute about 30% of the world’s population and 30% of global GDP. Mainichi wrote that the pact is expected to revitalize trade and….Read more

  • January 1, 2022
  • , All national papers
  • JMH Summary

ECONOMY

Japanese firms rush to prepare “certificates of origin”

When the Regional Comprehensive Economic Partnership (RCEP) comes into effect, it could provide Japanese corporations with an opportunity to review their supply chains in the region. Reconsideration of supply chains could impact corporate strategies going forward, as tariff cuts will be applied to lithium-ion batteries and other electric vehicle (EV) parts, among others.   RCEP allows the “cumulative rule of….Read more

  • December 30, 2021
  • , Nikkei , p. 3
  • JMH Translation

ECONOMY > Trade

Ecuador formally applies for TPP membership 

Nikkei, Mainichi, Yomiuri, and Sankei reported that Ecuador has filed an application to join the TPP. The nation’s foreign ministry reportedly tweeted on Dec. 17 that it had submitted a letter of application for membership in the trade pact. Sankei noted that South Korea applied for TPP membership this month, and Columbia is also showing interest in joining the trade pact. 

  • December 30, 2021
  • , Mainichi, Yomiuri, Nikkei, Sankei
  • JMH Summary
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