Japan, China pledge to work on economic ties amid heightened trade tensions

Japan, China pledge to work on economic ties amid heightened trade tensions

Chinese Foreign Minister Wang Yi will meet with his Japanese counterpart today in what will be the first high-level economic dialogue between the two countries in almost a decade.

On Monday, Kono and Wang will co-chair a bilateral, high-level economic dialogue in which they are expected to discuss opportunities for economic cooperation including trade and investment.

After rare talks with his Chinese counterpart Wang Yi, Taro Kono said the ministers had "forward-looking" and "fulfilling" discussions about rebuilding ties between the Asian powers.

Japanese Prime Minister Shinzo Abe is to make the proposal when he meets Trump at Mar-a-Lago, the president's Florida resort, on Tuesday and Wednesday, the newspaper said.

Japan hopes the summit will prompt a trip by Abe to China, and in turn, a visit to Japan by Xi.

Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, in hopes of persuading it to rejoin the Trans Pacific Partnership (TPP), the Nikkei newspaper said on Saturday. "We agreed the importance of making it a sea of peace, cooperation and friendship", he said.

United States strikes on Syria 'justified', says Israeli official
Similar messages were passed from Washington to the Prime Minister's Office and the foreign ministry in Jerusalem, Ravid said. Johnson said: "The world is united in its disgust for any use of chemical weapons, but especially against civilians".

The world's second and third largest economies have a fraught relationship, complicated by longstanding disputes over maritime claims and Japan's wartime legacy.

But the move could backfire, as U.S. President Donald Trump could demand renegotiating terms for the pact or talks for a bilateral free trade agreement (FTA) - both outcomes Japan wants to avoid.

"We would like to co-operate further towards the common goal between Japan and China, of establishing a complete, irreversible and verifiable denuclearization of North Korea", Kono said as the two began talks in Tokyo.

Wang, a former ambassador to Japan, said his visit was China's response to "positive" messages and policies from Tokyo but acknowledged "some complex and sensitive elements".

"Since past year, Japan has, in relations with China, displayed a positive message and friendly attitude", Wang said at the meeting, adding that he hoped that the visit would help the two countries move towards better ties.

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