Japan supported by U.S. ag to join Pacific trade talks
Japan will seek to join negotiations for a wide-ranging, multilateral free-trade pact with the United States and other Pacific nations, and agricultural associations in the U.S. are supportive of the move.
Prime Minister Shinzo Abe said Friday that Japan wants to be involved in Trans Pacific Partnership (TPP) trade talks that could include countries having 40 percent of the world’s gross domestic product.
Within Japan there are reservations about becoming involved, including the country’s farmers. Outside of Japan, reports are that some countries see demands by Japan as disrupting progress that could be made much faster without Japan’s involvement.
The New York Times reported during a television appearance in Japan that “Abe portrayed the Trans-Pacific Partnership as Japan’s ‘last chance’ to remain an economic power in Asia and shape the fast-growing region’s economic future.” He stressed that Japan has to seize this “last chance” to remain a center of trade and growth in the Asia Pacific region.
“With strong opposition from Japan’s farming lobby and other powerful interest groups, Mr. Abe takes a big political risk in embracing the free-trade talks. Japan’s largest agricultural cooperative has actively campaigned against trade liberalization, saying such a change would decimate the nation’s farms, a plea that has resonated among the wider public. Within his own Liberal Democratic Party, a majority of lawmakers depend on the rural vote and object to the free-trade deal,” reported Hiroko Tabuchi for The New York Times.
Complicating the move to join the TPP is that Abe apparently has tried to begin back-room negotiating, mainly with the U.S., so that certain businesses, especially Japanese agriculture could be protected. An example is protection of Japan’s rice farmers by maintaining an extremely high tariff after a minimal amount of rice is allowed into the country. The average agricultural products tariff is 25 percent, a higher average than most countries in the negotiations. Japan’s agricultural cooperatives and other interest groups have teamed up to oppose a free trade partnership as a threat to the Japanese lifestyle.
Exclusions from negotiations by Japan is part of the concern by those countries already talking and why there is worry that progress could be slowed and negotiations complicated. Japan is also a leader in imposing extreme regulations for import and export.
Self-contained hydraulic system with power cables (hydraulic). Tandem Henschen axles (hydraulic). Hydraulic fenders. Manual or hydraulic tilt. 6,500-gallon tank.
- FMC to split into two public companies
- Marrone Bio Innovations receives patent for biofungicide
- Central Valley Ag, United Farmers Cooperative propose merger
- As Dow seeks growth, new Enlist crop/chemicals seen as key
- China GMO research funding slides
- Hogs again outperformed the other ag markets Monday night
- Are you in favor of a federal labeling standard for food that might contain genetically modified ingredients?
- Commentary: Barking up the wrong tree
- Water allocation for most drought-stricken Calif. farms to end
- Larson Electronics offers 150 Watt LED high bay light fixture
- Panama says 'go' to GM mosquito evaluation
- Conference to address “What’s Next for Farmland Values”
Ranco Bucket Elevators
Ranco Fertiservice Inc.