Japan vows to find new avenues for economic growth, ratify TPP trade deal

17:23 | 28/09/2016 Global Economy

Japan’s Prime Minister Shinzo Abe vowed on Monday to swiftly ratify the Trans-Pacific Partnership trade pact and find new avenues for economic growth at the start of a 66-day extraordinary legislative session.

Japan vows to find new avenues for economic growth, ratify TPP trade deal

Japan's Prime Minister Shinzo Abe (Photo: VNA)

He stressed that bills related to the TPP, which were signed by Japan and 11 other Pacific Rim countries in February, will be high on the government’s agenda during the session. Abe held up the TPP as a pillar of his administration’s growth strategy. He said that, using the early entry into force of the TPP as an opportunity, Japan will aim to reach a target of 1 trillion yen in annual agricultural exports.

At the session, Japan’s government will push through bills relating to a second supplementary budget for the current fiscal year ending in March. The supplementary budget plan could be implemented as soon as the middle of next month, following deliberations by Diet budget committees./.

 

Source: VOVworld

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