Japan-U.S. Trade Pact Termed "Incomplete" at U.S. House
Washington, Nov. 20 (Jiji Press)--The Japan-U.S. trade agreement was termed "incomplete" at a U.S. House of Representatives subcommittee hearing Wednesday.
Participants to the meeting of the Trade Subcommittee of the Ways and Means Committee called for expanding the scope of items covered in the deal in the next stage of negotiations.
The trade deal, signed in October, focuses mainly on agricultural and industrial products. The two countries have agreed to hold further talks toward a more comprehensive trade deal.
A House lawmaker said the "narrow, incomplete" agreement may violate the World Trade Organization's rules requiring that all items be covered in a trade deal in principle.
When concluding the trade pact, the two countries put off negotiations on envisioned U.S. tariff abolition for Japanese vehicles and automobile parts.
[Copyright The Jiji Press, Ltd.]