World Economy

Japan's finance minister says the country must avoid a bilateral trade agreement with the US


Finance Minister Taro Aso said on Friday that Japan must avoid entering a free trade agreement (FTA) with the United States to rectify trade imbalances.

Japan supports the postwar global trend of promoting multilateral trade frameworks, and the recent signing of the Trans-Pacific Partnership free trade deal was a significant development even without the participation of the United States, Aso told reporters after a cabinet meeting.