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JAPAN, U.S. TO CREATE TRADE TALKS FRAMEWORK.
WASHINGTON, July 2 Asia Pulse - Prime Minister Junichiro Koizumi and U.S. President George W. Bush have agreed to set up a new framework of bilateral consultation this autumn to help strengthen economic cooperation and ease trade friction, the two leaders said in a joint statement issued Saturday.
Under the new scheme, the two countries will hold a regular vice ministerial meeting, a roundtable gathering of top trade and financial officials and businesspeople as well as meetings of experts on fiscal/financial issues, deregulation, direct investment and commerce.
Topics to be discussed at the vice ministerial meeting will include macroeconomic policies, the World Trade Organization's next round of trade liberalization negotiations and ways to deal with China. Participants will include vice ministers from Japan's Cabinet Office and foreign, finance and economy/trade ministries, and U.S. ...
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Source: HighBeam Research, JAPAN, U.S. TO CREATE TRADE TALKS FRAMEWORK.