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Japan-Colombia free-trade talks set

Kyodo – Japan and Colombia are scheduled to start free-trade talks on Dec. 17 to discuss a possible bilateral free trade agreement, the Foreign Ministry said Monday.

Is free trade deal with Colombia designed to help Japanese carmakers?

The two sides are expected to discuss areas to be covered by the possible pact and terms of reference, it said. The Japanese side will be represented by Jun Yokota, ambassador in charge of economic diplomacy.

Prime Minister Yoshihiko Noda and Colombian President Juan Manuel Santos agreed in late September to start the talks, following a report in July involving joint research between the private and public sectors that called for such talks to be initiated.

Japan mainly exports industrial goods like automobiles to Colombia, while Colombia mainly exports coffee and other farm products to Japan.

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Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!