The Japan-US trade pact will be a model for the Indo-Pacific region

The Trade Agreement Washington and the Tokyo Trading Plan Will Be a Model for the Indo Region -peaceful, US Vice President. Mike Pence said at the beginning of his tour in Asia today.

million. Pence, who spoke about trade talks between the United States and Japan in January, met with Japanese Prime Minister Shinzo Abe during the first leg of his tour of Asia and Oceania. According to Efe News.

"The alliance between the United States and Japan is historic – it is the cornerstone of peace and prosperity in the Indo-Pacific," said Mr. Pence.

In a joint briefing, the two leaders also stressed the strength of their bilateral trade and defense relations, although they also expressed differences in their efforts to economic cooperation.

"We are grateful to Japan for its renewed investment," said the US leader. (19659004). inv USA which constitute a major economic contribution and a source of job creation.

However, Mr. Pence pointed out that the bilateral trade balance has been uneven for far too long, with Japan setting up barriers to the importation of goods and services from the United States.

Japan, said Mr. Pence, "is an indispensable trading partner for the United States" and the countries have a great opportunity in the economic dialogue officially opened in September.

"The age-old relationship between the United States and Japan is a model for nations in the Indo-Pacific region and the world," said Pence, adding that US leadership in the region is based on collaboration and not on control.

million. Abe said the two countries had agreed to promote free and open trade in the Indo – Pacific region based on fair rules and development of mutually beneficial bilateral trade and investment.

million. Abe, however, invoked the same arguments to criticize Donald Trump's tariff and other protectionist policies and is concerned about the US withdrawal from several multinational trade initiatives.

MM. Abe and Pence will participate this week in the annual summit of the Association of Southeast Asian Nations (ASEAN) in Singapore and the Asia-Pacific Economic Cooperation. Forum in Papua New Guinea to Promote Regional Economic Integration

This was Mr. Pence's third visit to Japan since taking office. The two governments have signed a series of agreements to promote mutual investment in infrastructure, telecommunications and nuclear, for civilian use.