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  5. Joint Statement on Trilateral Meeting of Trade Ministers Released

Joint Statement on Trilateral Meeting of Trade Ministers Released

January 14, 2020

On January 14 (Tue.), 2020, Mr. Kajiyama Hiroshi, Minister of Economy, Trade and Industry, attended the Seventh Trilateral Meeting of the Trade Ministers in Washington, D.C. , and agreed on a joint statement with the United States and the European Union.

1. Seventh Trilateral Meeting of the Trade Ministers

Minister Kajiyama held the Seventh Trilateral Meeting of the Trade Ministers together with U.S. Trade Representative Lighthizer and European Commissioner Hogan. They held discussions on industrial subsidies and agreed on the specifics of measures for enhancing the existing WTO rules, such as additional, newly prohibited subsidies and improving notification systems. The Ministers agreed to advance discussions with other WTO member countries based on the agreement reached at this Trilateral Meeting.

Moreover, they confirmed the progress in past discussions on forced technology transfers and, based on this, agreed on the advancement of three actions: making new rules, encouraging other WTO member countries and enhancing enforcement of rules.

The three Ministers, recognizing the importance of market oriented conditions, also agreed to continue cooperating on WTO reform issues such as notification systems, developing country status and electronic commerce.

In wrapping up the meeting, they issued a joint statement as an outcome of their discussions.

Related Document

Division in Charge

Multilateral Trade System Department, Trade Policy Bureau