U.S. shippers say Japan still hasn't opened its ports
Article Abstract:
US ship operators claim Japan is still not opening its ports as agreed upon in 1997. Japan agreed to make its ports more open in October 1997, which led to Washington's decision to remove of trade sanctions against the country and to end one of the most recent trade disputes. According to US shippers, Japan ports remain a trade barrier because dock work is still expensive, inefficient and still inappropriately influenced by a stevedoring association. Japanese Transport Ministry officials agree with the observations but said they cannot do anything drastic to change the situation. Transport officals contend the agreement only requires the ministry to help private-sector groups for change within the restrictions of regulatory rights allowed under the current Japanese laws.
Comment:
Japan: US ship operators claim the country is still not opening its ports as agreed upon in 1997
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
U.S. shippers say Japan still hasn't opened its ports
Article Abstract:
US ship operators claim Japan is not fulfilling its part of the agreement to open its port to US ships. The agreement, forged in October 1997, led the US to abandon trade sanctions versus the Japanese government. According to US operators, Japanese ports persist as a trade barrier since dock work is sluggish, costly, inadequate and unduly predisposed to favor Japan Harbor Transport Association. Japan's Transport Ministry argues that the agreement does not compel Japan to force change on the wharves.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Port pact to boost shippers
Article Abstract:
Japanese port authorities are waging efforts to enhance the quality of dock operations in the country, after the US government threatened to prohibit the entry of Japanese ships to US territories. These efforts are recently making great strides for Japanese operators as they witness shipping stocks manifest remarkable growth rates. Analysts further claim that by improving operations in Japanese ports, domestic and international consumers may benefit from cost-effective rates.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Facing history: Japan must act. Governments vs. citizens
- Abstracts: Air Macau takes off safely: startup airline posted its first profit in October. India's not-so-friendly skies: small airlines fight for survival in a difficult market
- Abstracts: Shipping deal cheers Fujian, but details harbor trouble. Prosperous island is vulnerable to Asia's lingering woes
- Abstracts: MARKEX: an intelligent decision support system for product development decisions. Financial decision support with hybrid genetic and neural based modeling tools
- Abstracts: Drawbacks of Thailand's plan to heal its banks. Bumiputra banks eyes rescue. Shareholders should be the ones to pay for bank errors