(Provisional translation)
July 14, 2020
Keidanren
Keidanren
Outline
( PDF Format )
Proposal
I. The COVID-19 Pandemic and Future Policies
- 1. Current State of the World Economy
- 2. Trade and Investment Policies under COVID-19
- (1) Recover and Maintain Free Cross-border Movement of Natural Persons, Goods, Capital, Services, etc.
- (2) Addressing Digitalization
- (3) Contribution to Solving Environmental Issues
- (4) Inclusion of Developing Countries
- (5) Maintaining a Multilateral, Free, Transparent, and Open Framework
- (6) Complementary Bilateral/Regional Frameworks
II. Revitalizing the Global Economy through Facilitating Trade and Investment
- 1. Trade
- (1) Recover and Maintain International Logistics Functions
- (2) Avoid Excessive Export Restrictions and Achieve WTO Compatibility
- (3) Elimination of Protectionist Tariffs
- (4) Strengthening Discipline on Market Distorting Subsidies
- (5) Disseminating IT Products
- 2. Foreign Direct Investment
- (1) Investment Facilitation and Liberalization
- (2) Protection of Intellectual Property Rights
- (3) Appropriate Investment Control
- 3. Cross-border Data Flow
- (1) Realization of the WTO Electronic Commerce Agreement
- (2) Personal Data Protection
- 4. Trade and the Environment
III. Strengthening Multilateral Frameworks through WTO Reform
- 1. Flexible Rule-making
- 2. Review of Special and Differential Treatment for Developing Countries
- 3. Immediate Restoration of Dispute Settlement Functions