Jan 11, 2016

Abe goes home to meet with supporters

Prime Minister Shinzo Abe went home Monday to Yamaguchi Prefecture to whip up support from his base, telling them he plans to win the Upper House election this summer and underscored the importance of the Trans-Pacific Partnership. “In order to achieve results, we need ...

Dec 29, 2015

TPP nations arranging to sign free-trade deal in early February

Japan, the United States and 10 other nations that reached a broad agreement on the Trans-Pacific Partnership free-trade pact in October are arranging to sign the deal in early February, an official from one of the nations has said. Following the broad agreement after ...

Dec 24, 2015

Japan's GDP to rise by 2.59% under TPP, government says

The government said Thursday it expects the recently sealed Trans-Pacific Partnership trade pact to boost gross domestic product by ¥13.6 trillion or 2.59 percent from fiscal 2014 in its first estimate since the deal was struck in October. Growth will be driven by exports ...

Dec 22, 2015

TPP touted as raising Japan's GDP by ¥14 trillion

The Abe administration estimates that the Trans-Pacific Partnership trade pact will raise Japan’s gross domestic product by ¥14 trillion by boosting exports and investment, according to sources close to the matter. The figure represents 2.7 percent of the fiscal 2014 real GDP figure of ...

Dec 18, 2015

Abe's Cabinet OKs ¥3.5 trillion extra budget to support economy

Prime Minister Shinzo Abe’s Cabinet approved an extra budget Friday worth ¥3.5 trillion for this fiscal year through March to bolster the economy through enhanced welfare services and a more competitive farm sector. The fiscal 2015 supplementary budget plan is designed to realize the ...

Nov 30, 2015

TPP mitigation must be effective

The Abe administration's plan for easing the impact of the Trans-Pacific Partnership includes lots of promises, but how well they will work remains a major concern.