*Note: This is a provisional translation for reference purpose only.
9:20 - 9:29 a.m.
Tuesday, 19th June
Press Conference Room, METI
The 2018 Report on Compliance by Major Trading Partners with Trade Agreements
Q: As for the 2018 Report on Compliance by Major Trading Partners with Trade Agreements, released yesterday, would you please tell us what your focal points are and what the schedule would look like in order to tackle these challenges specified in the report?
A: The report you mention indicates 136 problematic points of measures taken by Japan’s major trading partners, and sounds the alarm internationally that some emerging countries’ market distortive measures risk harming the basis of competition, which is fundamental for multilateral trade systems, and significant backlashes against unilateral actions have increased in some developed economies.
As for METI’s priorities, 14 measures and actions are indicated in the “METI Priorities Based on the 2018 Report”. We will continuously make efforts for proactively settling these particular disputes, by applying various dispute settlement procedures including through bilateral, multilateral, and WTO channels.