LDP panel gives guarded nod to joining TPP talks

Feb 28, 2013

LDP panel gives guarded nod to joining TPP talks

A Liberal Democratic Party panel signaled Wednesday it would tolerate Japan’s participation in Trans-Pacific Partnership free-trade talks on condition that core national interests are protected. The panel, titled the Research Commission on Regional Diplomatic and Economic Partnership, adopted a resolution requesting that the Abe ...

Currency veteran offers BOJ credibility on reflation

Feb 27, 2013

Currency veteran offers BOJ credibility on reflation

by John Brinsley

The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank. Finance Minister Taro Aso told reporters Monday that Kuroda, Prime Minister ...

Feb 27, 2013

Abe to decide soon on joining TPP talks

Prime Minister Shinzo Abe said Tuesday he will make a decision soon on Japan’s entry into the U.S.-led Trans-Pacific Partnership trade liberalization talks. “I will make an early judgment on the best path to serve Japan’s national interests based on the outcome of the ...

Feb 16, 2013

Abe vows again to amend Article 9

by Ayako Mie

Prime Minister Shinzo Abe vowed again Friday to revise the Constitution, including amending war-renouncing Article 9 to allow Japan to exercise the right of collective self-defense. At a meeting of a Liberal Democratic Party working group on the constitutional revisions, Abe emphasized that changing ...

Feb 15, 2013

LDP gets behind the Hague Convention

by Reiji Yoshida

Now that a majority of the Diet appears to support joining the international treaty on settling cross-border child custody disputes, the government expressed determination Thursday to push for quick ratification of the 1980 Hague Convention. The Liberal Democratic Party’s joint foreign and legal affairs ...

Feb 1, 2013

LDP backs online campaigning

The Liberal Democratic Party has outlined legislation that would allow the use of all types of online communications tools, including email, Facebook and Twitter, for election campaigns, LDP lawmakers said. “A partial lifting of the ban on online election campaigning would not meet the ...

Feb 1, 2013

New LDP 'nonfaction' holds first meeting

by Ayako Mie

The Liberal Democratic Party may be claiming it has cast off its obsolete ways, but it is nevertheless showing some signs of the old faction-based LDP since returning to power. “Habatsu” faction-oriented politics lost some strength in the early 2000s when then-Prime Minister Junichiro ...

Jan 19, 2013

LDP eyeing 43% hike in subsidies

The Liberal Democratic Party is seeking ¥14.55 billion in government subsidies for 2013, up 43.3 percent from last year after its landslide victory in the Dec. 16 general election, according to a Jiji Press estimate. Ten parties have filed applications for political subsidies for ...

Jan 17, 2013

Showdown over sales tax breaks on the horizon

by Reiji Yoshida

A political showdown is approaching as the two ruling parties continue talks to nail down details of tax reform by their self-imposed deadline of Jan. 24, in particular over whether daily essentials such as food should be exempt from the planned hike in the ...