China and Japan reached consensus on their trade dispute over
agricultural products at ministerial talks in Beijing Friday
morning.
Chinese Minister of Foreign Trade
and Economic Cooperation (MOFTEC)
Shi Guangsheng said that Japan promises to stop excising
restrictions on agricultural imports from China, while China
pledges to cancel its retaliatory measures against imports from
Japan.
Shi made the announcement after the talks with Japanese Minister of
International Trade and Industry Takeo Hiranuma and Minister of
Agriculture, Forestry and Fisheries Tsutomu Takebe.
The two sides also agree to setting up a trade consultation
mechanism for dealing with trade disputes between the two countries
properly, Shi said.
(Xinhua
News Agency December 21, 2001)