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Gist of Prime Minister Abe’s speech at World Economic Forum in Davos

  • January 24, 2019
  • , Yomiuri , p. 4
  • JMH Translation

Flow of data

 

The G20 Summit will be held in Osaka in June. I would like Osaka G20 to be remembered as the summit that started worldwide data governance. Let’s start talks under the World Trade Organization (WTO) and call them the “Osaka Track.” Data, including personal data, intellectual property, and confidential information in terms of the protection of national security should be placed under careful protection. Let’s allow useful anonymous data, like medical, industrial, and transportation data, to flow freely across borders. The engine of growth is not gasoline but digital data. I would like to see the United States, Europe, Japan, China, India, and African countries share their success and a new era ushered in at the WTO.

 

Climate change countermeasures

 

I would like Osaka G20 to shed great light on how important innovation is in addressing climate change. The Japanese government will lower the cost of manufacturing hydrogen to 10% or less of current cost by 2050. We aim to make it even cheaper than natural gas.

 

Marine plastic waste

 

I would like us to develop a common awareness that worldwide commitment and efforts are needed to reduce the amount of plastics flowing into the oceans.

 

Promotion of free trade

 

The international trade system should be fair, transparent, and effective in the areas of intellectual property rights protection, e-commerce transactions, and government procurement. The United States, Europe, and Japan should join hands to spearhead WTO reform and to correct rules on government subsidies in particular. The Osaka Track will aim to enhance the significance of the WTO.

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