Pages

Saturday, October 1, 2011

Gemba calls for restart of Japan-S.Korea EPA talks

Foreign Minister Koichiro Gemba has called for the resumption of negotiations with South Korea on concluding an economic partnership agreement governing free trade and investment.

Gemba made the appeal in a meeting with visiting South Korean Trade Minister Kim Jong Hoon on Saturday.

Gemba pointed to the popularity of South Korean-made cell phones among Japanese consumers and an increasing number of business tie-ups between Japanese and South Korean companies overseas.

Gemba said the government is committed to helping companies of the 2 countries to expand their cooperation.

On the EPA talks that have been suspended since 2004, Gemba said the agreement is indispensable for the 2 countries to further promote the bilateral economic relationship and form a single economic zone in the future.

Gemba stressed the need to facilitate working-level talks for the resumption of EPA negotiations.

Kim agreed with the Japanese minister, saying that economic cooperation between the 2 countries has been developing steadily, and that the trend should be sustained.

Gemba also met Australia's trade minister Craig Emerson on Saturday. The 2 ministers agreed that the 2 countries will make efforts to resume talks on concluding an economic partnership agreement at an early date.

0 comments:

Post a Comment

Followers