Prime Minister Shinzo Abe said Thursday he was determined to swiftly conclude the Trans-Pacific Partnership talks but that any concessions will not be made lightly in parallel talks with the United States.

"We are having tough talks with the United States in the areas of agriculture and automobiles. . .We will not make any easy concessions," Abe said to a meeting of corporate executives and public policy experts.

The prime minister also said his "Abenomics" policy will fail unless smaller companies regain confidence.