US-Japan Trade Negotiations Ministerial Consultation Completed "Recent Progress" by Mogi Economic Revival August 24, 6:43
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After the ministerial talks on trade negotiations between Japan and the United States, the Minister for Economic Revitalization Mogi said, “We have made significant progress and shared our direction.” The summit meeting between Japan and the United States, which will be held in conjunction with the G7 Summit that will start on the 24th, will be a major milestone in compiling the results.
The ministerial discussion between the Minister for Economic Revitalization Mogi and the Trade Representative for Lightheiser extended the initial schedule by one day, and the third day of discussion was held in Washington from early morning on the 24th.
After the discussion, Minister Mogi told reporters, “We were able to make great progress. We worked to fill the gap and shared our direction. He showed that the gap between the two sides was filled, including the reduction of tariffs on agricultural and industrial products.
On top of that, Mr. Motegi said, “The route to the top has been decided. All that remains is to decide the date. We will confirm the progress at the summit meeting and announce how to proceed in the future.” The G7 summit opening in France will be announced at the summit meeting between Japan and the United States in conjunction with the summits of the seven major countries.
This summit is a major milestone, as both governments want to compile results by the end of next month.