Interviews
METI precedence on WTO incompatible Foreign Trade Policies
03 Jun '06
3 min read
The Subcommittee on Unfair Trade Policies and Measures of the Industrial Structure Council released the 2006 Report on the WTO Inconsistency of Trade Policies by Major Trading Partners.
The Report examines trade policies and measures implemented by Japan's major trading partners that are inconsistent with the WTO agreements and other international rules.
In response to the Report, the issues that METI deems to be a high priority in implementing trade policies, and its policies to cope with these issues are as follows.
United States
The U.S. is among those countries that frequently implement so-called “trade remedy” measures. In particular, there are many problems with the rules applied by the U.S. in the AD sector and its enforcement, and many countries including Japan have been harmed by abusive use of US anti-dumping policies and measures.
China
China made a wide range of commitments when it acceded to the WTO. Since accession, China has enacted and revised numerous laws and regulations.
However, further improvements are still required in many instances (e.g., delays in appropriately enacting and revising domestic laws and regulations, the lack of transparency and consistency in enforcing them, and certain newly introduced systems and practices that appear to be protective in nature).
Japan is particularly concerned about the issues detailed below, which have led to serious problems. At various opportunities, including Vice Minister-level meetings between METI and China's State Development and Reform Committee and Ministry of Commerce, industry-specific dialogues between government officials and industries, and the Transitional Review Mechanism in the WTO, METI will continue to request that China fulfill its WTO obligations.
The Report examines trade policies and measures implemented by Japan's major trading partners that are inconsistent with the WTO agreements and other international rules.
In response to the Report, the issues that METI deems to be a high priority in implementing trade policies, and its policies to cope with these issues are as follows.
United States
The U.S. is among those countries that frequently implement so-called “trade remedy” measures. In particular, there are many problems with the rules applied by the U.S. in the AD sector and its enforcement, and many countries including Japan have been harmed by abusive use of US anti-dumping policies and measures.
China
China made a wide range of commitments when it acceded to the WTO. Since accession, China has enacted and revised numerous laws and regulations.
However, further improvements are still required in many instances (e.g., delays in appropriately enacting and revising domestic laws and regulations, the lack of transparency and consistency in enforcing them, and certain newly introduced systems and practices that appear to be protective in nature).
Japan is particularly concerned about the issues detailed below, which have led to serious problems. At various opportunities, including Vice Minister-level meetings between METI and China's State Development and Reform Committee and Ministry of Commerce, industry-specific dialogues between government officials and industries, and the Transitional Review Mechanism in the WTO, METI will continue to request that China fulfill its WTO obligations.
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