The Business Times
SUBSCRIBERS

US-Japan trade deal caught in a rice maze

It is among the thorniest issues holding up an agreement that could pave way for TPP pact

Published Fri, Apr 24, 2015 · 09:50 PM

Washington

A POWERFUL lobby stands in the way of two of the world's biggest economies completing a trade deal: Japanese rice farmers.

Rice is the island-nation's staple grain and a powerful symbol of self-sufficiency. It is also among the thorniest issues holding up an agreement the two nations hope to unveil when Prime Minister Shinzo Abe and President Barack Obama meet in Washington next week.

"Rice is a soc…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here