train project: Central Japan Railway Co, according to The Japan Times. JR Tokai hopes to see its magnetic levitation technology adopted for a high-speed train project in the northeastern part of the United States. The dialogue is expected to become a foundation for strengthening the two countries' economic relations, Sadayuki Sakakibara, chairman of Keidanren, said in a statement welcoming the bilateral forum on Tuesday. We would be happy if the economic dialogue leads to the launch of a study on the introduction of the maglev technology, JR Tokai President Koei Tsuge said. The automobile trade imbalance is primary reason for the U.S. trade deficit with Japan. Meanwhile, an executive of Toyota Motor Corp. said, We should remain on alert.
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Tagged under train project, trade deficit topics.