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ECONOMY

METI document warns against rising protectionist sentiment

  • May 26, 2017
  • , Asahi
  • JMH Summary

Asahi reported on a draft “Trade White Paper” to be released in late June by METI, noting that the ministry is set to express deep concern about protectionism abroad by saying: “Complaints about globalization stemming from growing disparity are emerging in the U.S. and other industrialized countries.” The GOJ document reportedly underscores the importance of pursuing trade liberalization by saying: “Free trade is an engine of economic growth and contributes to reducing disparity.” 

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