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POLITICS

Over 60% of Japanese companies say “TPP is necessary”

  • 2016-01-20 15:00:00
  • , Mainichi
  • Translation

(Mainichi: January 20, 2016 – p. 7)

 

 According to a Teikoku Databank opinion poll, 64.5% of companies (including agricultural, forestry, and fisheries cooperatives) think that the Trans-Pacific Partnership (TPP) trade pact is necessary for the Japanese economy. On Jan. 19, Teikoku Databank announced the results of its poll. Companies were asked what kind of impact they anticipated the TPP having on their operations. Looking at the findings by industry, many in the restaurant industry anticipated they would benefit from the TPP. In contrast, more than 65% of companies in the agricultural, forestry, and fisheries industries responded that they were concerned the TPP would have a negative impact. [Overall] a total of 16.3% of companies thought that the TPP would have a positive impact on their operations, and 7.3% said that they anticipated a negative impact from the TPP. As many as 38.5% responded “don’t know,” and 37.9% said that they anticipated the TPP would have no impact on their companies.

 

 The survey was conducted on Dec. 15, 2015–Jan. 5, 2016. A total of 10,547 companies nationwide, including such cooperatives as the Japan Agricultural Cooperatives and the Japan Fisheries Cooperatives, participated in the survey.

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