Tokyo prime minister Shinzo Abe (Shinzo Abe) announced on Friday, Japan in the asia-pacific trade agreement rules of national major reform, especially in agriculture.
Announcement that seeks to participate in the us-led trans-pacific partnership, or TPP, is to improve the farmers' protests against the protected domestic market open to foreign competitors. While rural voters of the liberal Democratic Party (LDP) is a traditional bastion, many protocols in Japan as a way to overcome stubborn resistance to reform stalled economic recovery is very important.
Shinzo Abe, raised the reform, the third fork his "Abenomics" economic strategy, with the loose monetary policy and increase in public spending.
"The TPP is a core problem, Japan is the most important thing now, Abenomics, the plan for Japanese mobile growth again, not only depends on the printing more monetary or fiscal spending, but really depends on the economic liberalisation." In Tokyo, says economist Martin schulz of the Fujitsu research institute.
"For that, the core of the TPP in part because it involves various industries, from energy, agriculture, insurance, automotive industry, and this will be a giant leap for Japan," Schulz said.
And Japanese farming lobby is small, but the politically powerful. However, after 20 years of stagnation, called for large enterprise groups, such as groups of Japan, Japan's economy for trade agreements or miss the important export markets more accessible, seems to have far outweighed the opposition from the agricultural sector.
Shinzo Abe held a commitment to the trade agreement, until his recent visit to the United States, after meeting with U.S. President barack Obama, the two leaders issued a statement, see thorny issues, such as heavy protection shinzo Abe, Japan's rice farmers provide some room to maneuver.
Shigeru LDP secretary-general, said shigeru ishiba, shinzo Abe, says the party's leader, said on Friday it was "now or never look back" in the talks. For example, he said, Abe said Japan would miss its change has any say in the trade agreement, if it is waiting for, until after the upper house of parliament election, TPP decided to ruling party the burden of proof.
News reports said on Friday, the government estimates that participation in the asia-pacific trade agreement will promote Japan's gross domestic product is as high as 3 trillion yen ($3.1 billion) a year, increasing by about 0.7%.
"Japan's participation, free trade area, and basically covers 40% of gross domestic product (the world). This will be a very, very large area, it has a significant impact," Schulz said.
Leading U.S. Allies in Asia Japan's position has moved to participate in the decision to trade negotiations, angered some groups opposed to foreign influence on domestic policy.
 



Other News:
Dow at record again, ends higher for ninth day
Pacific trade pact calls for tough Japan reforms
5 US troops die in helicopter crash in Afghanistan
Falkland Islanders vote overwhelmingly to keep British rule
'Major Political Storms' Holding Back US: GE CEO
Top contenders to be the next pope
Woman who finished 2nd in 2012 takes Iditarod lead
We're Betting Big on Real Estate: Blackstone CEO