Deal on Russian Hmeymim, Tartus bases deployment in Syria to be in force for 49 yearsMilitary & Defense January 20, 16:51
Russian museum gets biggest collection of artifacts related to XX century YamalBusiness & Economy January 20, 16:10
Polar region to allocate almost 50 million rubles for small business supportBusiness & Economy January 20, 15:55
First Deputy PM: Western investors in Davos believe 2017 will be good year for RussiaBusiness & Economy January 20, 15:49
Kremlin says Syrian army keeps plans to liberate Palmyra from Islamic StateRussian Politics & Diplomacy January 20, 15:43
India plans to install Russian security system at Maharashtra portMilitary & Defense January 20, 15:32
Lavrov on IS destroying Palmyra monuments: barbarians are barbariansRussian Politics & Diplomacy January 20, 15:24
Russia hopes Trump administration will send Mideast expert to Astana talksRussian Politics & Diplomacy January 20, 15:18
Top diplomat: Main task in Syrian settlement is to resume talks, involve armed oppositionRussian Politics & Diplomacy January 20, 15:11
TOKIO, July 23. /ITAR-TASS reporter Vasily Golovin /. The Japanese government has officially joined today multilateral talks on the Trans-Pacific Partnership /TPP/ formation - a new integration association in the Pacific Ocean. This was officially announced in the Malaysian city of Kota Kinabalu, where is taking place the next round of consultations on the establishment of this organization.
From now on, 12 countries are taking part in the negotiations on the formation of TPP. Initially, the talks entered Chile, New Zealand, Brunei and Singapore. Later, the United States, as well as Australia, Vietnam, Malaysia and Peru joined the negotiations. Last year, Canada and Mexico also got an invitation to participate in developing the principles of trade between the Trans-Pacific partners. Nevertheless, China, which is rapidly strengthening its position in the Asia-Pacific region, hasn’t been invited to take part in the process.
The Trans-Pacific Partnership is a trade pact, assuming the complete abolition of customs duties and other restrictions in the movement of goods and services. If this association is created, it will account for 40% of global GDP and about one-third of world trade volumes.
Japan is specifically interested in the elimination of tariffs and other restrictions on the supply of its manufactured goods, including cars. However, it wants to keep tariffs on imports of certain agricultural products, such as rice, wheat, beef, pork, dairy products and sugar. Japan hopes to protect its farmers from competition. This position meets antagonism from the major food producers, primarily the United States and Australia.