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September 22, 2012

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'Customs problems' spark Japanese plea

JAPANESE Minister of Economy, Trade and Industry Yukio Edano called on China yesterday to "abide by" international trade rules after reported customs problems amid diplomatic tensions between the two neighbors, Kyodo reported.

Edano said at a press conference that the government is gathering information and has heard "various" things. "We will act appropriately depending on the situation," he added.

Meanwhile, Finance Minister Jun Azumi told a separate press conference he is "paying close attention" to the reported problem with China, Japan's largest trading partner.

Japanese media claimed that Chinese customs authorities have tightened the inspection of Japanese products bound for China and Chinese goods bound for Japan. Customs officials in the port city of Tianjin near Beijing have told Japanese companies their imports will be inspected more frequently, the Asahi newspaper reported.

Automaker Honda Motor Co said it was already making contingency plans. "We are trying to forecast things in advance and preparing as much as possible to avoid any impact on our business," Takanobu Ito, Honda's chief executive, said.

Street protests in China have forced some Japanese firms to suspend operations. But with the upheaval of recent days abating, companies announced the resumption of their activities.

Panasonic Corp fully resumed operations yesterday at its damaged circuit board plant in Suzhou and restarted some production at its electronic parts plant in Qingdao.






 

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