WASHINGTON: “Important gaps” persist between the USA and Japan over what needs to be the primary tasks beneath Tokyo’s US$550-billion investment package, Japanese commerce minister Ryosei Akazawa stated on Thursday (Feb 12).
Akazawa is in Washington to debate the colossal funding promised within the US in alternate for decreasing threatened tariffs on Japan.
“There have been nonetheless areas the place vital gaps remained. However, we have been in a position to see additional progress,” Akazawa informed reporters within the American capital.
He and US Commerce Secretary Howard Lutnick “affirm each time we meet that taking part Japanese and American firms should have the ability to earn stable earnings and completely not undergo losses,” Akazawa stated.
“There will not be high-risk, high-return ventures.”
He added that there had been “no choices” concerning the schedule for future discussions or his subsequent go to.
