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U.S. unveils regulatory reform initiative results with Japan
WASHINGTON, Jul 06, 2009 (Xinhua via COMTEX) --
The United States and Japan
released Monday the results of their work under the U.S.-Japan
Regulatory Reform and Competition Policy Initiative.
The report documents the results of work to promote more open
markets, ensure fairer competition, and improve the climate for U.
S. exporters and service providers in the world's second largest
economy.
U.S. Trade Representative Ron Kirk welcomed progress made in a
number of areas that will help to further open Japan's market,
improve its business environment, and stimulate new opportunities
for growth.
"I welcome the results we are seeing through this engagement
with Japan, which for American exporters and service providers is
helping to create new opportunities with our fourth largest
trading partner and goods export market," said Ambassador Kirk. "
Removing non-tariff barriers to trade and improving transparency
in foreign markets are high priorities for the United States, and
going forward I look to ensure this important work is strengthened
further."
Reform-focused results were seen in a broad range of sectors,
ranging from information technologies to agriculture, as well as
on cross-cutting issues affecting the business environment such as
competition policy.
The United States and Japan annually exchange recommendations
under this initiative, and engage through a results-oriented
process that includes four working groups and a high-level
officials group. These groups address recommendations made by
Japan as well as recommendations made by the United States
covering issues such as telecommunications, transparency,
agriculture, distribution, commercial law, legal services, medical
devices and pharmaceuticals, information technologies,
intellectual property rights, insurance, competition policy, and
cosmetics/nutritional supplements.
The initiative, led for the United States by the Office of the
United States Trade Representative and for Japan by the Ministry
of Foreign Affairs, includes the involvement of a broad array of
U. S. and Japanese departments and agencies, reflecting the wide
scope of issues addressed through this initiative.
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