LDP asks agriculture minister Suzuki to protect farm products in South America EPA talks

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The Liberal Democratic Party's economic agreement task force has asked Agriculture, Forestry and Fisheries Minister Norikazu Suzuki to give full consideration to Japan's agricultural and livestock products in negotiations on an economic partnership agreement with the Southern Common Market, Mercosur. Secretary-General Ichiro Miyashita stressed that talks should begin with a stance of not reaching any deal that harms national interests, given South America's high productivity in livestock products and sugar. Minister Suzuki indicated he aims to balance food security and economic security.

Impact on assets 1

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⛏Sugar No.11 Futures
SUGAR
▼ NegativeRegulationrelevance

Japan may protect domestic sugar industry, limiting imports from South America and reducing demand for sugar futures.