Japan, U.S. Ministers May Meet again This Month over Trade

Economy Politics

Washington, Aug. 2 (Jiji Press)--Japan and the United States wrapped up two-day trade talks in Washington on Friday, agreeing to work on arranging another round of cabinet-level meeting within this month.

They confirmed their intentions to speed up the trade negotiations, eyeing the possibility of producing certain results by September, sources with access to the latest talks said.

"We shared a direction on many points," Japanese economic revitalization minister Toshimitsu Motegi told a press conference after the latest meeting, which was also attended by U.S. Trade Representative Robert Lighthizer.

This was the first direct trade session between Motegi and Lighthizer since the July 21 election for Japan's House of Councillors, the upper chamber of the Diet, the country's parliament.

The two sides talked for a total of nearly five hours during the two-day session, trying to find a common ground over tariffs on sensitive items, such as beef, pork, dairy products, and automobile and auto parts.

[Copyright The Jiji Press, Ltd.]

Jiji Press