Japan and New Zealand Foreign Ministers Confirm TPP Importance

Japanese Foreign Minister Fumio Kishida and his New Zealand counterpart Murray McCully confirmed in a meeting Sunday the importance of successfully concluding the Trans-Pacific Partnership negotiations, which Japan will soon join, in order to promote economic growth of the Asia-Pacific region.

In a joint press conference following their meeting in New Zealand’s largest city Auckland, McCully said the growth of trade and economic ties between the two countries is the basis of growth in “all aspects of the relationship.”

“I believe that the Japanese decision to join in the TPP negotiations signals a new era in which we will get closer and in which relations will grow right across the board,” McCully said, while stressing no details of the TPP were discussed during their talks.

Kishida, speaking through an interpreter, conveyed Japan’s commitment to reaching a comprehensive and high-level agreement on the TPP.

via Mainichi

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza
Alfonso Esparza

Latest posts by Alfonso Esparza (see all)