Latest Articles and Insights

Extraordinary Diet session closed, ordinary Diet session expected to convene at the end of January

The extraordinary Diet session was ended yesterday as scheduled although the extension of the session was once considered as the opposition parties fiercely protected to deliberate a bill to accept more foreign workers into Japan as well as to revise the Water Supply Act to allow private companies to run municipal water services. The ordinary Diet session is said to be convened on the week of 28 January.  Prime Minister Abe's comments at the close of the session are available from NHK World sit

GR Japan President & CEO Spoke about Positive Partnership Between Business and Local Governments in Osaka and Kansai at the ACCJ Kansai Event

GR Japan President & CEO Jakob Edberg spoke for the Kansai Chapter of the American Chamber of Commerce in Japan (ACCJ) on 10 October. Edberg talked about the update of the Japanese political scenes and shared his insights on recent developments in the efforts of the regions’ business communities in this area, including how companies’ strategic engagement and communications activities with local governments has contributed to growth.

PM Abe's Renewed Cabinet Members Announced

Prime Minister Shinzo Abe launched his new cabinet on 2 October. He retained key veteran ministers to keep the basic framework of his administration intact while appointing 12 first-timers, the highest figure for any of the cabinets he formed. With his refreshed cabinet, Abe aims to tackle challenges facing Japan and complete Abenomics. For the complete list of the cabinet, please refer to  the Japan Times. 

Japan-EU EPA Signed

Japan and the European Union signed the economic partnership agreement (EPA) in Tokyo on Tuesday, 17 July.  The EPA, which will remove tariffs on most of each other's goods in phases, is expected to be put into effect by the end of March, 2019. Comments by Prime Minister Shinzo Abe, European Council President Donald Tusk and European Commission President Jean-Claude Juncker are available from the Japan News article.

Draft of Basic Economic Fiscal Policies Submitted

The government unveiled a draft of basic economic fiscal policies at a meeting of an advisory council yesterday.  The draft includes the pushback of the target year to balance the budget from fiscal 2020 to 2025, relaxation of visas to allow foreign workers with a certain level of skill, free higher education for mainly low-income households, continuous efforts on work-style reform initiatives. The plan is expected to be approved by the Cabinet by middle of this month.

House of Representatives Passes TPP11

The House of Representatives today passed a bill to ratify the Trans-Pacific Partnership trade pact without the US, so called TPP11 or CP TPP (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership).  Since a ratification bill is automatically enacted 30 days after it has been sent to the House of Councillors in Japan, today's approval by the House of Representatives ensured the enactment by the end of the current ordinary Diet session, which is scheduled on 20 June.

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