AAPC: Japan Must Truly Open Its Market Before Receiving Preferential U.S. Trade Benefits
WASHINGTON, D.C. - American Automotive Policy Council (AAPC) President Matt Blunt issued the following statement:
"As policymakers take a stand against unfair trade practices, they must consider Japan's notoriously closed auto market as a primary reason to disqualify them from joining the Trans-Pacific Partnership (TPP) at this time. Japan's status as the most closed auto market in the developed world is the reason U.S. and European automakers have independently raised concerns about their unfair trade practices and why South Korean automakers no longer attempt to sell their vehicles there. AAPC strongly supports a TPP trade agreement with the original nine countries and would welcome the consideration of Japan's inclusion in the future once they have demonstrated that they would open their auto market to competitors’ exports just as we have here in the United States."
The American Automotive Policy Council, Inc. (AAPC) is a Washington, D.C. association that represents the common public policy interests of its member companies Chrysler Group LLC, Ford Motor Company and General Motors Company.