Asian powerhouses · Recent Updates · Trade talks and negotiations · Western World

Part III: Japan takes a step forward, ready to lower pork tariff for the TPP

Japan Times reports that Japan has agreed to review its policy on pork-imports with respect to the tariffs imposed. A brief discussion on the US-Japan standoff can be found here and here. It seems that Japan has finally come around to understanding that it stands to reap massive benefits if it is able to pull… Continue reading Part III: Japan takes a step forward, ready to lower pork tariff for the TPP

Asian powerhouses · Recent Updates · Trade talks and negotiations · Western World

Part II of the US-Japan sage: Follow up on TPP talks in Vietnam

Starting today, the dozen countries involved in the Trans-Pacific Partnership (TPP) will begin a new round of talks in Ho Chi Minh City. The four day meeting will be followed up with a ministerial gathering from 19th to 20th May in Singapore. The centre of attention will be the US-Japan deadlock, while the other 10 countries, including Australia… Continue reading Part II of the US-Japan sage: Follow up on TPP talks in Vietnam

Asian powerhouses · Trade talks and negotiations · Western World

The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Recently, the trade talks between United States and Japan over the Trans-pacific Partnership (TPP) concluded without any result. Both criticized each other for not doing enough in terms of reducing import limits. Specifically,  two problems were Japan’s so-called “sacred” farm subsidies and resistance on part of the US to decrease import limits on certain products.… Continue reading The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Asian powerhouses · Trade talks and negotiations · Western World

Clash of the Titans: Why China is miffed with the TPP

The Transatlantic Trade Partnership  has become the focal point of several debates recently. I’ll try and take up a post on them soon. Here’s the plot in brief: The story begins in 2005. Brunei, New Zealand, Chile and Singapore entered into the Trans-Pacific Strategic Economic Partnership Agreement (TPSEPA) to promote regional trade and increase development… Continue reading Clash of the Titans: Why China is miffed with the TPP