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Politics

Japan weighs lower tariff on EU pork for trade deal

Move would cut levy to same level agreed on in TPP

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Spanish Iberico and Serrano hams are seen hanging at a market in Madrid, Spain.   © Reuters

TOKYO -- The Japanese government is close to offering to cut its import tariff on pork from the European Union, a move meant to help bring negotiations on an economic partnership agreement to fruition.

The proposed reduction, now in late-stage discussions in Tokyo, would bring pork tariffs to the same level to which Japan agreed in the Trans-Pacific Partnership multilateral trade pact. Japanese and EU chief negotiators meet in Tokyo starting Tuesday to seek a consensus on outstanding issues.

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