Miyamoto (宮本), State Minister of Economy, Trade and Industry, traveled to Milwaukee, U.S., from 29 September to 3 October and attended the G20 Trade Ministers' Meeting and the GFSEC Ministerial Meeting. At the meetings, participants discussed excess production capacity, the MFN principle, forced labor and excess steel production.
From 29 September to 3 October, State Minister Miyamoto (宮本) visited Milwaukee, U.S., and attended the G20 Trade Ministers' Meeting and the GFSEC Ministerial Meeting on global excess steel production capacity. Miyamoto (宮本) also participated in a trade ministers' roundtable hosted by U.S. Trade Representative Greer and held meetings and exchanged views with ministers and other officials from various countries.
At the G20 meeting, active discussions were held on issues including addressing structural excess production capacity, updating the MFN principle, eliminating forced labor from global supply chains, and condemning the weaponization of food trade. Miyamoto (宮本) spoke about the use of rules-based trade remedies to address excess production, correcting NMPPs and improving transparency.
At the GFSEC Ministerial Meeting, the adoption of a comprehensive framework on excess steel production capacity was proposed. Japan shared its policy of promoting the use of anti-dumping measures and emphasized the importance of coordinating with member countries. The importance of reaffirming compliance with obligations under the WTO and FTAs and aligning international rules was stressed as essential to resolving the issue.
At the trade ministers' roundtable hosted by U.S. Trade Representative Greer, Japan highlighted that it is the world's largest investor in the United States and expressed its expectation that projects promoting mutual benefits would advance on the basis of the special Japan-U.S. partnership. Participants also reaffirmed the importance of building a common understanding of structural excess production capacity and ensuring a level playing field. In bilateral meetings, Miyamoto (宮本) held informal talks with ministers from Brazil, Argentina, South Korea, Mexico, Türkiye, Poland and the United Kingdom, exchanging views on economic cooperation centered on Japan-U.S. relations, the early launch of EPA negotiations and concerns over steel tariff measures.