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POLITICS

No schedule set for next TPP ministerial meeting

(Nikkei: September 3, 2015 – p. 4)    Negotiations on the Trans-Pacific Partnership (TPP) agreement are in the final stage. However, the next ministerial meeting remains unscheduled. Although Japan and Canada are hoping to hold the next meeting sometime in September, the U.S., which is the key player in the negotiations, has not taken any concrete action. Unless the participating….Read more

  • 2015-09-03 15:00:00
  • , Nikkei
  • Translation

POLITICS

MOFA, Defense Ministry budget requests reflect stronger Abe color

(Nikkei: September 1, 2015 – p. 4)    The Ministry of Foreign Affairs (MOFA) and the Ministry of Defense (MOD) announced their FY2016 budget requests on Aug. 31. MOFA requested 470.5 billion yen for its official development assistance (ODA) spending, representing an 11% increase compared with the initial FY2015 budget. The MOD requested a record 5.0911 trillion yen, including expenditures….Read more

  • 2015-09-01 15:00:00
  • , Nikkei
  • Translation

POLITICS

Defense budget shifts focus to defense of Nansei Islands

(Asahi: September 1, 2015 – p. 4)    The Ministry of Defense (MOD) announced on Aug. 31 its record budget requests of 5.0911 trillion yen for FY2016 (a 2.2% increase from the initial FY2015 budget), asking for an increase four years in a row.    Mindful of China, the ministry is strengthening its “Southwest shift.” It plans to reorganize the….Read more

  • 2015-09-01 15:00:00
  • , Asahi
  • Translation

POLITICS

Tanigaki advises Abe to place priority on economy after passage of “security bills”

(Mainichi: August 30, 2015 – p. 3)    Liberal Democratic Party Secretary General Sadakazu Tanigaki disclosed during a speech on Aug. 29 in the city of Miyazu, Kyoto, that he advised Prime Minister Shinzo Abe to take a stance of placing priority on the economy after the enactment of the security legislation. He said: “I asked the Prime Minister to….Read more

  • 2015-08-31 15:00:00
  • , Mainichi
  • Translation

POLITICS

Future course of revision talks on security bills between ruling coalition, JIP uncertain

(Mainichi: August 28, 2015 – p. 5)    With the announcement on Aug. 27 by Toru Hashimoto, supreme adviser of the Japan Innovation Party, and adviser Ichiro Matsui of their intentions to leave the JIP, the future course of consultations on revising the security-related bills between the ruling Liberal Democratic Party, its coalition partner Komeito, and the JIP has now….Read more

  • 2015-08-28 15:00:00
  • , Mainichi
  • Translation

POLITICS

Defense Ministry requests record 5 trillion yen budget for FY2016

(Nikkei: August 28, 2015 – p. 4)    The Ministry of Defense (MOD) is requesting a record budget of 5.911 trillion yen for FY2016. Requested allocations relating to U.S. Forces Japan (USFJ) realignment represent an increase for three consecutive years, up by 36.6 billion yen from FY2015. In light of China’s maritime advances, the MOD plans to procure 17 SH-60K….Read more

  • 2015-08-28 15:00:00
  • , Nikkei
  • Translation

POLITICS

Mongolia hopes for greater investment from Japan

(Asahi: August 27, 2015 – p. 8)    A Keidanren delegation to Mongolia met with President Tsakhiagiin Elbegdorj, Prime Minister Chimed Saikhanbileg and other key government officials in the capital of Ulan Bator on August 26.    During the meeting, Elbegdorj stressed the enhanced political relationship of trust between Japan and Mongolia, and expressed hopes for more Japanese investment in….Read more

  • 2015-08-27 15:00:00
  • , Asahi
  • Translation

POLITICS

Japan’s textile firms expect boost from TPP removal of tariffs

(Asahi: August 27, 2015 – p. 8)    Japan and the U.S. are working to eliminate tariffs on textile products in negotiations over the Trans-Pacific Partnership trade agreement. Once the 12-country deal is finalized and comes into force, Vietnam will be able to broaden its footprint as a main textile producer and exporter. Meanwhile, exports from China and other non-TPP….Read more

  • 2015-08-27 15:00:00
  • , Asahi
  • Translation

POLITICS

FY2016 budget requests, tax reforms to prioritize growth strategy

(Nikkei: August 26, 2015 – p. 5)    The government will give emphasis to areas related to the growth strategy, the “third arrow” of Abenomics, in its budget requests and tax reform proposals for FY2016. Its focus is on policies relating to regional revitalization, increasing foreign visitors to Japan, and the Tokyo Olympic Games in 2020. The goal is to….Read more

  • 2015-08-27 15:00:00
  • , Nikkei
  • Translation

POLITICS

Gov’t stresses economy is “on recovery track” despite cloudy outlook over Abenomics

(Asahi: August 26, 2015 – p. 7)    The government of Prime Minister Shinzo Abe is growing jittery about falling stock prices.  This is because it prioritizes stock prices as a key indicator for measuring the effect of the Abenomics stimulus.    “We have to closely watch market developments,” said a close associate of Abe’s. “Abenomics has been the driving….Read more

  • 2015-08-26 15:00:00
  • , Asahi
  • Translation
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