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Suga Yoshihide vows to transform Japan’s socioeconomic structure for ties with US

Prime Minister Suga Yoshihide

Tokyo, July 15: Prime Minister Suga Yoshihide on Thursday attended the video teleconference meeting with members of the U.S. Chamber of Commerce and the U.S.-Japan Business Council (USJBC) and expressed his determination to transform Japan’s socioeconomic structure that form “robust Japan” as a precondition for the Washington-Tokyo alliance to fully function.

Touching upon the importance of the Japan-U.S. economic relations for global prosperity, Chairman of the USJBC Douglas Peterson commended Japan’s policies on expansion of trade and investment between Japan and the U.S., digital transformation, climate change and others. He also expressed his support for Japan’s efforts towards holding safe and secure Tokyo Olympic and Paralympic Games, statement by the ministry of foreign Affairs of Japan.

In response, referring to the significance of the Japan-U.S. Alliance and the long term goal of net zero by 2050, Prime Minister Suga explained four “driving forces of growth” (green, digital, creating vibrant communities, measures for declining birthrate) that form “robust Japan” as a precondition for the Japan-U.S. Alliance to fully function, and expressed his determination to transform Japan’s socioeconomic structure. He also stated that he is determined to realize safe and secure Tokyo Olympic and Paralympic Games by taking thorough countermeasures against COVID-19 infection, it added.

In addition, both sides had a meaningful exchange of views on policies in the fields of digital, climate change and energy, trade, as well as countermeasures against the COVID-19.

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