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US, Japan agree to outline of trade deal

Japan and the United States have agreed in principle to an outline of a free trade agreement, with plans to complete it by September.

The announcement, which calls for negotiations on a bilateral trade deal, was made 25 August by Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump on the sidelines of the G7 meeting taking place in Biarritz, France.

“We still have some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement itself. But we would like to make sure that our teams would accelerate the remaining work for us to achieve this goal of realizing the signing of the agreement on the margins of the U.N. General Assembly at the end of September,” Abe said in a press conference, according to a White House statement…

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