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.
Japan will provide a total of 110 billion dollars over the next five years to boost by 30 pct financial assistance for promoting infrastructure development in other Asian countries, Prime Minister Shinzo Abe said Thursday. (Jiji Press)
The Japanese Defense Ministry said Thursday that two Chinese bombers flew over open seas between Okinawa Prefecture's main island and the island of Miyakojima, prompting the Air Self-Defense Force to scramble fighter jets. (Jiji Press)
In a crackdown on overcharging of customers, Tokyo Metropolitan Police on Friday announced the bust of two hostess clubs in Shinjuku Ward for overcharging customers, reports the TBS News (May 22). (Tokyo Reporter)
Pedestrian crosswalk laws are all over the place no matter where you go. What's considered jaywalking varies by country, and in the U.S. each state has its own laws for exactly how far the pedestrian needs to have crossed on the crosswalk before you have to stop. (rocketnews24.com)
Tokyo Metropolitan Police on Wednesday announced the arrest of multiple organized crime and motorcycle gang members for participation in a brawl that erupted last year in Kita Ward, reports the Sankei Shimbun (May 20). (Tokyo Reporter)
A Japanese man who says he was deceived into carrying someone else's bag on a flight into Indonesia was sentenced to life in prison Wednesday for smuggling methamphetamine into the country with harsh drug laws. (Japan Today)