Japan will eventually have to eliminate the tariffs it imposes on imported farm products despite its intention to keep them as an exception in the Trans-Pacific Partnership free-trade negotiations it plans to join later this month, Malaysia's trade minister has indicated.
International Trade and Industry Minister Mustapa Mohamed said Tuesday in Tokyo: "We need to know how long that (agriculture) sector needs to be protected. I think there's got to be some transitional arrangement" to ease the impact of the trade liberalization.
The central government estimates that Japan's agricultural output will drop by ¥3 trillion from the current total of about ¥7.1 trillion if the tariffs are eliminated under the TPP and no compensation measures are taken.
Mustapa acknowledged Japan's intention to protect rice and other sensitive farm products, saying every TPP country has domestic industries that need to be protected.
Many of the Chinese fishing boats that poach scarce coral, dubbed "jewelry coral," in waters around the Ogasawara Islands in Tokyo cast off from Xiapu County in Fujian Province, The Yomiuri Shimbun has learned. (The Japan News)
The operator of the disaster-hit Fukushima Daiichi nuclear plant on Friday tentatively removed part of the cover shrouding the No.1 reactor building installed in the wake of the 2011 disaster to keep radioactive materials from dispersing. (Kyodo)
Police in Tokyo have arrested a 39-year-old member of the Air Self-Defense Force on a charge of attempted murder after he pushed a man onto the train tracks at JR Okubo Station in Shinjuku Ward. (Japan Today)
Until only recently, Japan never celebrated Halloween. And why would it? The nation honors the spirits of its ancestors in August, during the ancient Buddhist festival of O-bon, when ancestral spirits are said to revisit the family altars -and when reported encounters with ghosts and spirits reach a fevered peak. (marketwatch.com)