"The two foreign ministers, meanwhile, agreed to close work over the US-led Trans-Pacific Partnership and a broader free trade framework of Regional Comprehensive Economic Partnership."
Hiroshima, April 12 - Top Japanese and Australian diplomats Friday reaffirmed a bilateral free trade agreement which the two sides reached earlier this week during a summit between leaders of the two countries.

During a meeting held here between Japanese Foreign Minister Fumio Kishida and his Australian counterpart Julie Bishop, the two foreign chiefs agreed to accelerate efforts to sign and ratify the bilateral free trade agreement and to improve bilateral security cooperation, Xinhua quoted the Japanese foreign ministry as saying.

On Monday, Japanese Prime Minister Shinzo Abe and his Australian counterpart Tony Abbott reached a free trade accord, in which Japan cuts its tariffs on Australian beef, while Australia abandoned its tariff on Japan's auto.

The two sides eyed to sign the agreement this summer and make it enter into force by the end of 2015. Australia became the first major farm products exporter that reached such free trade agreement with Japan.

The two foreign ministers, meanwhile, agreed to close work over the US-led Trans-Pacific Partnership and a broader free trade framework of Regional Comprehensive Economic Partnership.

Kishida and Bishop also agreed to utilised the planned two- plus-two meeting involving the two sides' foreign and defense chiefs to enhance bilateral cooperation, said the ministry.


comments powered by Disqus
Read more on:
 JAPAN (27443 views)
 PRIME MINISTER (16781 views)
 AUSTRALIA (9531 views)
 OPERA (6711 views)
 MIC (6001 views)
 FREE TRADE (5656 views)
 2015 (5251 views)
 IMA (5261 views)
 FOREIGN MINISTER (4861 views)
 FREE TRADE AGREEMENT (4444 views)
 ABBOTT (3337 views)
 JAPA (3401 views)
 HIROSHIMA (2916 views)
 BEEF (2551 views)
 TONY (2421 views)
 ACCELERATE (2081 views)
 JULIE BISHOP (650 views)
 TONY ABBOTT (21 views)
 

PERMALINK

http://www.nerve.in/news:2535002322608
You can quote the permanent link above for a direct link to the story. We do not archive or expire our news stories.


STORY OPTIONS
  Email this story to a friend
  XML feed for Asia


 
COPYRIGHTS INFORMATION
All rights reserved for news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.
Contact Nerve Staff for any feedback, corrections and omissions in news stories.
 

All rights reserved for the news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.