Acli Welcomes Efforts by U.S. And E.U. Governments to Resolve Japan Post Issue

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WASHINGTON, May 23 /PRNewswire-USNewswire/ -- Today, the American Council of Life Insurers (ACLI) praised joint efforts by the U.S. and E.U. governments to resolve a long-standing disagreement with the Government of Japan over its preferential treatment of Japan Post Insurance, and again urged Japan to live up to its commitments under the General Agreement on Trade in Services (GATS).

Frank Keating, President and CEO of ACLI said, "We appreciate the unparalleled cooperation between the U.S. and E.U. governments to forcefully raise the international community's longstanding concerns over the preferential treatment for Japan Post Insurance. In particular, we would like to thank U.S. Ambassador to the WTO Michael Punke and the USTR team for their strong leadership of the recent joint U.S.--E.U. talks with Japan in Geneva on this issue. We hope the talks will lead to a speedy resolution of the international community's outstanding concerns."

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Acli Welcomes Efforts by U.S. And E.U. Governments to Resolve Japan Post Issue

On April 30, the Government of Japan issued a Cabinet Deci...

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