Japan and the
United States should avoid trying to interfere with each other's fiscal and
monetary policies when they start bilateral economic talks next month, former
Japanese economy minister Akira Amari said on Monday.
Amari, who led
Japan's negotiation team on the Trans-Pacific Partnership, which was
essentially scuttled when President Donald Trump pulled the United States out,
said the two nations needed to conduct talks with an eye towards emerging
markets and the world as a whole.
Trump and
Prime Minister Shinzo Abe agreed last month to launch a bilateral economic
dialogue to discuss trade and infrastructure investment. Japan, concerned about
Trump's strident comments about trade and currencies, hopes to use the talks to
seek ways to avoid trade friction and ensure Washington is engaged in the
Asia-Pacific region.
Asked about
the possibility that the U.S. may make demands regarding Japan's fiscal and
monetary policy, Amari told Reuters in an interview: "One nation should
not meddle with another nation in areas where sovereign and independent rights
exist."
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