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JAMA 'WELCOMES' JAPAN JOINING TRANS-PACIFIC PARTNERSHIP TALKS


(The following statement from Japan Automobile Manufacturers Association, Inc., was received by e-mail and was reformatted. The sender verified the statement.)

March 15, 2013

JAMA Comment on the Japanese Government Announcement to Join the Trans-Pacific Partnership Agreement Talks

Akio Toyoda, Chairman Japan Automobile Manufacturers Association, Inc. Statement:

JAMA welcomes today's announcement by the Government of Japan to participate in negotiations toward a Trans-Pacific Partnership (TPP) Agreement.

For decades the Japanese automobile industry has engaged in constructive and extensive business activities in the Asia-Pacific region.

JAMA believes that the establishment of high level economic partnership would, among other benefits, promote free trade and provide common rules across a variety of sectors such as investment, trade facilitation and intellectual property rights which generally advance business opportunities in the region.

We look forward to sustained and vigorous efforts on the part of the Japanese government towards an early realization of an agreement which can truly benefit the automobile industry.

(kgt)NY

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