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New British ambassador to Japan Stephen Gomersall suggested Friday that Japan could learn from wide-scale restructuring measures Britain implemented in the 1980s, and also called for further deregulation of Japan’s markets.

During a press conference at the Japan National Press Club in Tokyo, Gomersall said Britain was “encouraged” by signs that Japan was coming out of recession, and that it was “clear” that while some parts of the economy have “adapted very quickly and restructured,” other parts are still relatively “inefficient.”

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