ECONOMY > External Relations

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ECONOMY > External Relations

Keidanren chairman expects S. Korea to join TPP

Japanese and South Korean business leaders met in a Tokyo hotel on May 17 amid improving bilateral ties following last year’s summit talks held for the first time in three and half years. Their discussions included strengthening bilateral ties on the economic front as well.   On the Trans-Pacific Partnership trade pact, Keidanren Chairman Sadayuki Sakakibara said, “I hear the….Read more

  • May 18, 2016
  • , Sankei , p. 11
  • Translation

ECONOMY > External Relations

G7 unity for world economy to be tested at financial ministerial 

Yomiuri highlighted the upcoming G7 financial ministerial meeting in Sendai this weekend, explaining that attention will be focused on whether or not the participants are able to forge a consensus on active fiscal spending to shore up the world economy. Although Japan also hopes to address stability in the foreign exchange market, the United States is cautious about Japan’s desire….Read more

  • May 18, 2016
  • , Yomiuri , p.2
  • summary

ECONOMY > External Relations

U.S., Japan sharply at odds over foreign exchange policy 

Nikkei gave prominent inside-page coverage to remarks made on Monday by an unnamed senior Treasury official, who described the yen’s appreciation against the dollar in the past several months as “orderly.” The daily said in addition to the Treasury Department’s recent decision to put Japan and others on a currency “watch list,” the comment has triggered strong reactions from Japanese….Read more

ECONOMY > Agriculture

Gov’t mulls Japanese farm products certification system ahead of TPP accord effectuation

The government compiled a strategy to increase exports of agriculture, forestry, fisheries, and other food products to 1 trillion yen by 2020 at a meeting of its working group on promoting exports by the agriculture, forestry, and fisheries industries on May 12. The main feature of this strategy is a system for government certification of Japanese products. The government intends….Read more

  • May 13, 2016
  • , Nikkei , p. 4
  • Translation


Aso says Japan is ready to intervene if yen moves rapidly

Monday evening’s Nikkei front-paged a report on remarks made by Finance Minister Aso at an Upper House Audit Committee session on Monday, during which he said that the government is ready to intervene in the currency market if the yen rises rapidly against other currencies. Aso was quoted as saying that rapid fluctuations in the exchange market are undesirable. Concerning….Read more

  • May 9, 2016
  • , Nikkei evening edition , p. 1
  • summary

ECONOMY > External Relations

Ministers discuss economy, human resources at Japan-Arab Economic Forum

The Japan-Arab Economic Forum started on Wednesday in Casablanca, Morocco. The Forum’s goal is to enhance and strengthen relations between Japan and the Arab nations. Cabinet members from participating countries discuss topics ranging from human resource development to economic diversification. Japanese Minister of Economy, Trade and Industry Mikio Hayashi disclosed Japan’s policy of increasing Japanese investment under the investment pact….Read more

  • May 5, 2016
  • , Asahi digital , 00:38
  • Translation

INTERNATIONAL > South & Central Asia

Japan to team up with India to build port facilities in Iran

Sunday’s Nikkei front-paged a GOJ plan to use ODA programs to help Iran construct an energy transportation hub at a port in southern Iran in cooperation with India, which plans to invest heavily there with the goal of holding its archrival Pakistan in check. Tokyo hopes to seal a basic accord on the plan when PM Abe visits Tehran sometime….Read more

  • May 8, 2016
  • , Nikkei , p.1
  • summary

ECONOMY > External Relations

Germany, UK unwilling to heed Abe’s plea for active spending 

All Saturday morning papers reported on PM Abe’s four-nation European tour, noting that he failed to persuade German Chancellor Merkel and British PM Cameron to support his efforts to forge a G7 consensus for active fiscal spending to shore up the global economy. The dailies speculated that when hosting the Ise-Shima Summit in late May, the Japanese leader will probably….Read more

  • May 7, 2016
  • , Asahi, Mainichi, Yomiuri, Nikkei, Sankei, Tokyo Shimbun
  • summary
  • , ,

SCIENCE > Environment

Gist of Japan-France summit meeting on May 2

Prime Minister Shinzo Abe: Despicable terrorism is absolutely unforgivable. (Our two countries) should work closely and exercise leadership. The G7 Ise-Shima Summit will announce a joint action program against terrorism.


U.S., Japan engaged in “war of nerves” over forex policy

Yomiuri wrote that the “war of nerves” between the U.S. and Japan over foreign exchange policies is escalating, as the yen’s value against the U.S. dollar surged to the mid-105 level on Tuesday. The paper wrote that Washington’s policy turnaround from its effective approval of the weak yen is behind the yen’s rapid appreciation and that the Treasury Department’s recent….Read more

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