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    U.S., EU, Japan Agree to Address Excess Capacity

    Written by Sandy Williams


    The United States, European Union and Japan have issued a joint statement agreeing to work together in the World Trade Organization and elsewhere to address excess capacity in key sectors.

    Cecilia Malmström, European Commissioner for Trade, Hiroshige Seko, Minister of Economy, Trade and Industry of Japan, and Ambassador Robert E. Lighthizer, United States Trade Representative, met in Buenos Aires on Dec. 12 at the MC11 and agreed to strengthen their commitment to ensure a level global playing field.

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