WASHINGTON – United States Trade Representative Katherine Tai met yesterday with Japan’s Minister of Economy, Trade, and Industry Ken Saitō.
Ambassador Tai and Minister Saitō discussed the importance of continuing to work together to take effective action to address third-party countries’ non-market policies and practices, including economic coercion and existing and rapidly emerging non-market excess capacity in several sectors. The Minister agreed to address these issues through their bilateral partnership and with like-minded partners [1].
Ambassador Tai and Minister Saitō discussed the 2024 Indo-Pacific Economic Framework agenda, noting their commitment to reaching a high-ambition outcome of the Trade Pillar. Ambassador Tai and Minister Saitō also discussed plans for future meetings of the U.S.-Japan Partnership on Trade and the Task Force on the Promotion of Human Rights and International Labor Standards in Supply Chains.
[1] As just one example of collaboration with like-minded partners on these issues, on June 9th, 2023, the United States and Japan, along with the governments of Australia, Canada, New Zealand, and the United Kingdom, issued the Joint Declaration Against Trade-Related Economic Coercion and Non-Market Policies and Practices.
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