In Asia, Japan, South, China and India are playing the main business role today and we can see there are more business issue and topic discussion among these countries.
And now, Associated Press writer Mari Yamaguchi contributed on his report from Tokyo that leaders from China, Japan and South Korea said Saturday that they would explore the idea of a free trade pact, inching closer toward deeper regional integration.
Premier Wen Jiabao and his Japanese and South Korean counterparts declared they were "committed to the development of an East Asian community," agreeing to expand cooperation across a wide range of issues, including climate change and sustainable growth. At the same time, Hatoyama said "The Japan-U.S. alliance remains important, but as a member of Asia, I would like to develop policies that focus more on Asia,".
But how and when? The source did not confirm the implementation time on the agreement of these countries. Before considering a free-trade agreement or other economic partnerships, the three countries need to sign an agreement on investment promoting a "business friendly environment," said Kazuo Kodama, press secretary to Japanese Foreign Minister Katsuya Okada.
Such efforts are hindered by differences over the exact conditions each country would extend to the others, he noted. Even Japan's talks with South Korea on a two-country pact have "somewhat stalled for the time being," Kodama said.
If it is the case which really comes out soon, US and EU may consider its trading partnership with all these three countries in order to have more reliable business channel in Asia.
And now, Associated Press writer Mari Yamaguchi contributed on his report from Tokyo that leaders from China, Japan and South Korea said Saturday that they would explore the idea of a free trade pact, inching closer toward deeper regional integration.Premier Wen Jiabao and his Japanese and South Korean counterparts declared they were "committed to the development of an East Asian community," agreeing to expand cooperation across a wide range of issues, including climate change and sustainable growth. At the same time, Hatoyama said "The Japan-U.S. alliance remains important, but as a member of Asia, I would like to develop policies that focus more on Asia,".
But how and when? The source did not confirm the implementation time on the agreement of these countries. Before considering a free-trade agreement or other economic partnerships, the three countries need to sign an agreement on investment promoting a "business friendly environment," said Kazuo Kodama, press secretary to Japanese Foreign Minister Katsuya Okada.
Such efforts are hindered by differences over the exact conditions each country would extend to the others, he noted. Even Japan's talks with South Korea on a two-country pact have "somewhat stalled for the time being," Kodama said.
If it is the case which really comes out soon, US and EU may consider its trading partnership with all these three countries in order to have more reliable business channel in Asia.
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