Fifth, bilateral FTAs have not been able to deal with the sensitive sectors of their participants. Even though
Singapore does not have a meaningful agricultural sector, during the FTA negotiations with Japan the issue
of gold fish exports became a major issue. During this negotiation process, the policies that guided the
Japanese side were based on the decision of the Research Commission on Trade in Agriculture, Forestry,
and Fishery products of the Liberal Democratic Party of 3 September 2001, which stipulates the following:
(a) Japan must be careful not to have negative impacts on domestic agricultural, forestry and fishery
industries; (b) as a specific issue, tariffs on agricultural, forestry and fishery products are not to be further
curtailed or revoked under the two-country agreement, because this subject has to be discussed in the WTO
(emphasis added); (c) similar bilateral agreements which will be negotiated in the future are to be dealt with
under the same policy (Kagami, 2003). This stance either suggest that Japan is ready to give up in exchange
for more concessions to be had in the multilateral framework or it clearly realize that not much will be
achieved in the WTO.
 
Fifth, bilateral FTAs have not been able to deal with the sensitive sectors of their participants. Even though
Singapore does not have a meaningful agricultural sector, during the FTA negotiations with Japan the issue
of gold fish exports became a major issue. During this negotiation process, the policies that guided the
Japanese side were based on the decision of the Research Commission on Trade in Agriculture, Forestry,
and Fishery products of the Liberal Democratic Party of 3 September 2001, which stipulates the following:
(a) Japan must be careful not to have negative impacts on domestic agricultural, forestry and fishery
industries; (b) as a specific issue, tariffs on agricultural, forestry and fishery products are not to be further
curtailed or revoked under the two-country agreement, because this subject has to be discussed in the WTO
(emphasis added); (c) similar bilateral agreements which will be negotiated in the future are to be dealt with
under the same policy (Kagami, 2003). This stance either suggest that Japan is ready to give up in exchange
for more concessions to be had in the multilateral framework or it clearly realize that not much will be
achieved in the WTO.
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