Japan and the US are in the final stage of talks on criteria for invoking safeguard measures to limit imports of US beef and pork as part of the proposed Trans-Pacific Partnership (TPP) trade pact, reported the Japan Times.
Presuming a final agreement is reached, the two countries are planning to put safeguard measures for beef in motion 15 years after the resulting trade accord takes effect, if the total amount of beef imports exceeds around 739,000 tonnes, and for low-priced pork in 10 years if total imports exceed 150,000 tonnes. Tokyo called for safeguard measures to protect domestic farmers. Japan-US differences over the TPP have been one of the thorniest issues in the negotiations.
(Source – http://www.blackseagrain.net/novosti/japan-us-discuss-tpp-beef-pork-safeguards)