Latest news with #IshibaShigeru
NHK
a day ago
- Business
- NHK
Japan's tariff negotiation strategy likely to eye Ishiba-Trump deal on G7 fringe
Japan plans to create a strategy for its tariff negotiations with the United States with an eye toward allowing their leaders to strike a deal on the sidelines of the Group of Seven summit in Canada in mid-June. One floated idea is for the two leaders to meet in the US right before the G7 gathering. Japan has held a series of ministerial negotiations with the US on tariff measures by President Donald Trump's administration. Japan's chief negotiator in the talks is Economic Revitalization Minister Akazawa Ryosei. Akazawa met US Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick in the latest round of talks in Washington on Friday. Japanese Prime Minister Ishiba Shigeru received a briefing from Akazawa about the meeting on Sunday. Ishiba instructed him to place top priority on the negotiations and do everything possible so that the two nations can reach an agreement. Akazawa later said Japan's economy, chiefly the automobile industry, has already suffered significant damage. The minister pledged to make steady and quick efforts while taking the economic situation into account. He also expressed his resolve to realize a deal with the US at an early date without undermining national interests. Akazawa is considering returning to the US late this week to attend another round of negotiations. The governments of both countries are expected to make arrangements for that meeting. Japan has been asking the US to review the Trump administration's tariff measures. However, government sources say the US has not guaranteed such a review. Japan is expected to conduct a further analysis of the US stance and pursue common ground.
Fibre2Fashion
2 days ago
- Business
- Fibre2Fashion
Cambodia-Japan Economic Co-Creation Package unveiled
Japan and Cambodia recently agreed to further work toward maintaining and strengthening an international order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package', according to a joint statement issued by the two countries. During the bilateral summit meeting on May 30, Cambodian Prime Minister Hun Manet and his Japanese counterpart Ishiba Shigeru stressed on the importance of expanding and deepening the comprehensive strategic partnership between the two sides, Cambodian media outlets reported. Japan and Cambodia have agreed to further work toward maintaining and strengthening a global order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package'. The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub. Related to the co-creation of economic and social values, the two Prime Ministers welcomed the progress in concrete cooperation, including the 'Co-creation for common agenda initiative' in the digital field, since the launch of the 'Three New Cooperation Approaches' in A joint initiative launched in July last year focuses on social infrastructure development in digital field and maritime connectivity, apart from other areas. Both sides agreed to further promote cooperation, such as improving the business environment in Cambodia, including through Japan's contribution to the Organisation for Economic Cooperation and Development, supporting Japanese companies, forming public-private partnership projects and advancing telecommunications networks for industrial enhancement and supply chain resilience. The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub. Fibre2Fashion News Desk (DS)
The Star
2 days ago
- Business
- The Star
Cambodia and Japan deepen strategic partnership and cooperation
Cambodian Prime Minister Hun Manet and Ishiba Shigeru, Prime Minister of Japan, during the meeting in Tokyo. - Khmer Times PHNOM PENH (Khmer Times): Cambodia and Japan agreed to further work toward maintaining and strengthening an international order based on the rule of law, as well as a multilateral free trade system, according to a Joint Statement between Cambodia and Japan released to the media. The Joint Statement added that during the bilateral Summit Meeting on 30th May, Prime Minister Hun Manet and ISHIBA Shigeru, Prime Minister of Japan, stressed the importance of expanding and deepening the 'Comprehensive Strategic Partnership' between the two countries, including the co-creation of economic and social values and security cooperation based on the trust and friendship that both countries have built over the years. They also concurred on further working toward maintaining and strengthening an international order based on the rule of law as well as a multilateral free trading system. Related to the co-creation of economic and social values, the two Prime Ministers welcomed the progress in concrete cooperation, including the 'Co-creation for common agenda initiative' in the digital field, since the launch of the 'Three New Cooperation Approaches' in July last year, consisting of social infrastructure development in water and digital fields, maritime connectivity, and humanitarian mine action. The two Prime Ministers announced the attached 'Cambodia-Japan Economic Co-Creation Package'. They concurred in further promoting cooperation, such as improving the business environment in Cambodia, including through Japan's contribution to the OECD (Organisation for Economic Co-operation and Development), supporting Japanese companies, forming Public-Private Partnership projects, and advancing telecommunications networks for industrial enhancement and supply chain resilience. The two Prime Ministers confirmed that the development of Sihanoukville Port contributes to regional connectivity and trade promotion, and reaffirmed their commitment to continuing cooperation towards its maintenance and development as a regional port and logistics hub. The two Prime Ministers also reiterated their commitment to advancing cooperation for strengthening the capabilities of Cambodia's maritime police and the National Committee for Maritime Security. The two Prime Ministers exchanged views on promoting democracy and the rule of law. Prime Minister Ishiba expressed Japan's intention to continue supporting Cambodia's efforts by providing legal and technical assistance, as well as electoral support, and sharing Japan's experience in democracy. Prime Minister Hun Manet appreciated Japan's valuable and continued support in this field and expressed his intention further to embed the outcomes of this support into Cambodian society. In this connection, he also highly valued Japan's role as the penholder of the resolution on Advisory Services and Technical Assistance for Cambodia at the Human Rights Council. The two Prime Ministers confirmed that people-to-people exchanges in business, tourism, academia, institutions, sports, and cultural exchanges form the basis of the co-creative relationship between the two countries and expressed their intention to promote them further at the governmental level. The two Prime Ministers shared the recognition that Expo 2025, Osaka, Kansai, Japan, and the GREEN EXPO 2027 would be great opportunities to promote exchanges and reaffirmed their commitment to advance cooperation. - Khmer Times
NHK
3 days ago
- Business
- NHK
Japan, US eye more top-level tariff talks before G7 summit
Top officials from Japan and the United States have wrapped up another round of tariff talks in Washington. They agreed to work toward reaching a deal, possibly on the sidelines of the Group of Seven summit in mid-June. Japan's chief negotiator, Economic Revitalization Minister Akazawa Ryosei, spoke for about two hours on Friday with US Treasury Secretary Scott Bessent and US Commerce Secretary Howard Lutnick. Akazawa repeated his firm call for a review of Washington's tariffs on Japan. He also pointed to progress in the talks, saying the two sides are now sufficiently aware of their respective stances following his fourth visit to the United States. The negotiators agreed to accelerate their work and meet again before the G7 convenes in Canada. They aim to prepare a deal for Japanese Prime Minister Ishiba Shigeru and US President Donald Trump to sign, possibly on the sidelines of the summit.
NHK
4 days ago
- Business
- NHK
Ishiba has phone talks with Trump before next round of tariff negotiations
Japan's Prime Minister Ishiba Shigeru has restated his government's position over US tariff measures during a phone call with President Donald Trump. The leaders agreed to deepen discussions between ministers in charge from both nations. The roughly 30-minute conversation took place at Ishiba's request on Thursday. It came before senior Japanese and US officials meet in the United States on Friday to discuss the Trump administration's tariff arrangements. Ishiba told Trump that Japan's investment serves the national interests of both countries such as creating jobs in the US and leading to the development of quality products. Speaking to reporters after the call, Ishiba described the conversation, which followed phone talks between the leaders last week, as very meaningful. He said he and Trump exchanged candid opinions in a friendly atmosphere. He said the two also deepened their mutual understanding. Ishiba also told reporters that he wants to continue working with Trump to further reinforce the alliance and cooperative relationship between Japan and the US. He said such efforts will allow the two sides to make greater contributions to global peace, stability and prosperity. Referring to the ongoing tariff negotiations, Ishiba stressed that his government has been consistently emphasizing that investment is more important than tariffs. He said there had been no change in Japan's position of seeking to establish a win-win relationship. Ishiba also referred to the Group of Seven summit to be held in Canada in mid-June. He said he hopes to meet Trump in person on the sidelines of the gathering. He added that he may even travel to the US to meet the president before the summit, if necessary.
