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(From Journal of Japanese Trade & Industry (JJTI))
Byline: Kimura Fukunari
The Full-Scale Proliferation of FTAs The forging of free trade agreements (FTAs) has finally been initiated in East Asia, which, in this respect, had been lagging far behind Europe and Central and South America. Japan completed its first FTA (Japan-Singapore Economic Partnership Agreement: JSEPA) in January 2002 (effective November 2002). The negotiations with Mexico stagnated for a while before an agreement was finally reached in March 2004. Negotiations with South Korea commenced in December 2003, and the concept of an East Asian Community was brought forth at a special ...