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Article

14 Oct 2001

Author:
Japan Times

Japan, EU agree to block farm trade liberalization

Foreign Minister Makiko Tanaka and European Union Trade Commissioner Pascal Lamy reaffirmed Saturday their intention to oppose drastic farm trade liberalization at the proposed launch of new global trade talks under the World Trade Organization, a Japanese official said...Tanaka said Japan will extend as much support as possible to the EU's bid to seek WTO negotiations on the environment as Japan believes the issue is important. But another Japanese official said Japan is not likely to support the idea of "precautionary principles" that the EU wants the WTO to address in the next trade round. The principles would allow countries to restrict imports, without scientific evidence, of goods they believe would damage the environment.