TRI-LATERAL TRADE MEETING

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STORY: TRI-LATERAL TRADE MEETING DATELINE: April 24, 2011 LENGTH: 0:00:48 LOCATION: Tokyo VO Trade ministers of Japan, China and South Korea have discussed a possible tri-lateral pact and the impact of Japan's devastating earthquake. ************* Japan's Trade Minister Banri Kaieda, who hosted the talks on Sunday, emphasized the importance of promoting economic exchanges among the three countries. The three countries are bound to each other through bilateral investment treaties, but Japan is seeking a three-way accord. The Japanese minister also urged China and South Korea to ease import restrictions placed on Japanese food items because of radiation fears. The three ministers said in a joint statement after the meeting that the maintenance of a free and open trade system will "enormously support" Japan's recovery process and secure sustainable growth of all three countries. The meeting is aimed at laying the groundwork for an upcoming two-day tri-lateral summit to be held in Powered by www.newslook.com Producer : Xinhua News Agency

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