Japan And US To Work Towards Quick Results

Forex News

After their yesterday’s meeting, top trade officials of the US and Japan reached mutual understanding and Japan maintained its stance of refraining from a bilateral free-trade agreement. After talking to the US Trade Representative Robert Lighthizer, Japanese Economy Minister Toshimitsu Motegi stated: "We had a frank exchange of views and deepened mutual understanding".

Robert Lighthizer’s cabinet informed: "Ambassador Lighthizer and Minister Motegi had a thorough and constructive exchange of views on all bilateral trade issues," and: "They understand each other’s conditions for further discussions and plan to move forward with additional talks."

The two economies agreed to aspire to quicker results. But, no broader indications were given by the officials after the first day of negotiation. So, we’ll probably have to wait until its end.