The Borneo Post

US Commerce Sec Ross to join econ dialogue with Japan

-

TOKYO: US Commerce Secretary Wilbur Ross is expected to join Vice President Mike Pence for a bilateral economic dialogue in Tokyo next month, a Japanese government official with direct knowledge of preparatio­ns said yesterday, dashing Tokyo’s hope of leav i ng thorny is sues on trade off the negotiatin­g table.

Participan­ts of the dialogue, led by Pence and Japanese Deputy Prime Minister Taro Aso, will hold their first round of talks in Tokyo on April 18 to discuss issues ranging from macroecono­mic policy, infrastruc­ture investment and trade.

The dialogue will be a major test of US President Donald Trump’s confrontat ional approach to trade.

Senior administ rat ion officials, including Ross, have signaled they would press Japan to remove non- tarrif trade barriers and buy more US products.

Japan, which proposed the dialogue, had hoped to keep contentiou­s issues like auto and agricultur­e trade out of the talks by proposing an agenda focused on infrastruc­ture investment and energy.

One of Tokyo’s strategy was to keep the bilateral dialogue as informal as possible so Aso can deal directly with Pence, who is regarded as having a less confrontat­ional view on trade compared with others in the Trump administra­tion, Japanese government officials said.

“The agenda is vague now, but if friction comes up in the future, our plan is to say let’s discuss that in the AsoPence dialogue and then use the dialogue to diffuse any problems,” one of the officials said on condition of anonymity as he was not authorised to speak publicly.

The participat­ion of Ross heightens the chance the dialogue would serve as a venue to discuss a bilateral trade deal, which could put Japan under US pressure to open up heavily- protected areas like agricultur­e and pharmaceut­icals, the officials said.

Hiroshige Seko, Japan’s mini s t r y of economy, trade and industry, and Foreign Minister Fumiko Kishida will also join the dialogue, the government officials said.

Ross has been known to have close ties with Japan, having led a firm investing in the country since 1997 and serving as chairman of the Japan Society – a nonprofit organisati­on promoting bilateral relations, since 2010. — Reuters

Newspapers in English

Newspapers from Malaysia