Talking on the sidelines of the OECD ministerial meeting in Paris on Thursday 31 May, the European Union, USA and Japan agreed to continue their work to address the issue of industrial overcapacity in sectors such as steel and the distortions which are behind this. They also agreed to speed up the discussions aiming to define stricter new rules on industrial subsidies and state-owned enterprises.
European Trade Commissioner Cecilia Malmström, Japan's Economy Minister Hiroshige Sekō...