Keidanren head commends Japan-US trade deal
Tsutsui Yoshinobu became the new chairman of the Japan Business Federation, or Keidanren, in late May. He spoke at the beginning of the organization's summer forum in the resort town of Karuizawa in central Japan on Thursday.
Tsutsui said that he highly evaluated the terms of the bilateral deal. But he added it came at a time when the world is at a major turning point, with the free and open international economic order shaking.
Tsutsui noted that Japan is facing a mountain of complex domestic challenges, including a shrinking population caused by a low birthrate and an aging society. He said another challenge involves policies on resources and energy.
He said that what counts is to pave the way for Japan to turn into a nation that will be trusted by the international community.
Tsutsui added that Keidanren members will share the resolve that companies will clear the path for the future.
He said that his organization will demonstrate this determination.
About 40 senior corporate officials are taking part in this year's forum. It is being held under the theme of a vision to allow the Japanese economy to grow even with the declining population.
The agenda includes discussions on topics, such as how to facilitate innovation to realize a "science and technology nation."
The participants are expected to compile a document on Friday that will sum up their talks.
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