Prime Minister Shinzo Abe will likely make a final judgment by early December on whether to carry out the second round of Japan's consumption tax hike next year, economic and fiscal policy minister Akira Amari has said.
Akira Amari, Japan's minister in charge of talks for the Trans-Pacific Partnership initiative, said Sunday he will meet with U.S. Trade Representative Michael Froman prior to ministerial talks on the multilateral trade deal that start in Singapore on Monday.
Akira Amari, Japan's minister in charge of negotiations over the envisioned Trans-Pacific Partnership trade pact, speaks with reporters at Tokyo's Haneda airport on May 5, 2014, before leaving for Paris to attend a two-day ministerial meeting of the Organization for Economic Cooperation and Development.
Japanese and Australian ministers in charge of foreign trade negotiations have agreed to speed up bilateral and multilateral free trade talks for early conclusion. Japan's Economic Revitalization Minister Akira Amari met Australian Trade and Investment Minister Andrew Robb in Tokyo on Wednesday.
Japan's minister in charge of the Trans-Pacific Partnership free trade talks says he would welcome South Korea's participation in the negotiations. But he also says the country must be willing to aim for high levels of market liberalization.
Japan's minister for the TPP talks, Akira Amari, told reporters that the talks have neither broken down nor failed. He said they have made headway toward the next meeting. He said the negotiations are now 70 to 80 percent complete.
Japan's minister in charge of the Trans Pacific Partnership free-trade talks Akira Amari says that officials from Japan and the United States will try to narrow their differences on issues related to the TPP.