Trade: FTA talks are possible (People's Daily Online) Updated: 2006-06-16 11:08
Mr. Osamu Watanabe, Chairman of the Japan External Trade Organization (JETRO)
recently told China Youth Daily in Beijing that talks on the free trade zone
between Japan and China were not likely to be launched until 2008 when China
fully honors its WTO commitment.
"It is not yet ripe for such talks," said Mr. Watanabe, but he hopes an
investment agreement would be settled before that.
He considered the issue of China's intellectual property rights protection as
one of the major tumbling stones on the establishment of a free trade zone. He
also recognized the political chill in the bilateral relations and deteriorating
sentiment between the two parties. (For more biz stories, please visit Industry Updates)
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