China and Japan reached consensus on their trade dispute over agricultural products at ministerial talks in Beijing Friday morning.
Chinese Minister of Foreign Trade and Economic Cooperation (MOFTEC) Shi Guangsheng said that Japan promises to stop excising restrictions on agricultural imports from China, while China pledges to cancel its retaliatory measures against imports from Japan.
Shi made the announcement after the talks with Japanese Minister of International Trade and Industry Takeo Hiranuma and Minister of Agriculture, Forestry and Fisheries Tsutomu Takebe.
The two sides also agree to setting up a trade consultation mechanism for dealing with trade disputes between the two countries properly, Shi said.
(Xinhua News Agency December 21, 2001)
