Japan hoping economic ties with India, Gulf states
Japan will push forward with talks to create economic partnerships as soon as possible with India, East Asia and the Gulf states, the government's chief spokesman said on Thursday.
By PTI |
TOKYO: Japan will push forward with talks to create economic partnerships as soon as possible with India, East Asia and the Gulf states, the government's chief spokesman said on Thursday.
Japan and Vietnam have agreed to start talks in January on an economic partnership agreement, and negotiations with India are expected to start soon, said chief Cabinet spokesman Yasuhisa Shiozaki. He said initial talks to form an economic partnership with the Gulf states began in September.
"The government as one will actively and speedily carry out the EPA negotiations," he said.
The EPAs envision a broader range of cooperation than free-trade agreements and are intended to enable smoother economic relations among the members, while enhancing Japan's presence throughout the region. Japan is also considering creating a regional economic policy think tank modeled on the Organization of Economic Cooperation and Development to promote policy coordination.
Japan currently has two EPAs, with the Philippines and Chile.
Tokyo hopes to begin negotiations in 2008 over a possible East Asian economic partnership association based around a regional free-trade agreement. It has proposed inclusion of 16 nations - Australia, China, Korea, India, Japan, and New Zealand, along with the 10 members of the Association of Southeast Asian Nations.
Japan and Vietnam have agreed to start talks in January on an economic partnership agreement, and negotiations with India are expected to start soon, said chief Cabinet spokesman Yasuhisa Shiozaki. He said initial talks to form an economic partnership with the Gulf states began in September.
"The government as one will actively and speedily carry out the EPA negotiations," he said.
The EPAs envision a broader range of cooperation than free-trade agreements and are intended to enable smoother economic relations among the members, while enhancing Japan's presence throughout the region. Japan is also considering creating a regional economic policy think tank modeled on the Organization of Economic Cooperation and Development to promote policy coordination.
Japan currently has two EPAs, with the Philippines and Chile.
Tokyo hopes to begin negotiations in 2008 over a possible East Asian economic partnership association based around a regional free-trade agreement. It has proposed inclusion of 16 nations - Australia, China, Korea, India, Japan, and New Zealand, along with the 10 members of the Association of Southeast Asian Nations.
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