""

Abe-Nomics To Play A Role In Development Of World Economy, Says Japanese PM

Japanese Prime Minister Shinzo Abe pledged for greater involvement of his country in ensuring global and regional security and diplomacy through trade and commerce. He spoke in reference to the Trans-Pacific Partnership, a free trade deal between Japan and 10 other countries including the United States.

The two nations are all set to come together to promote trade and commerce in the region. The agreement is to open up opportunities for exporters in all the 10 nations involved in the treaty. The deal is being met with opposition in the US Congress where Democrats are against certain clauses of the proposed deal. US President Barack Obama made a bid for the deal when he said the deal has the potential to increase employment opportunities in the Pacific Rim countries. Moreover, it is going to boost the environmental standards of the region too.

 There are some hurdles before the deal can see the light of the day. The Japanese have erected barriers making it difficult for the US to access their popular automotive market. Reluctance to bring down the barriers has made progress on the deal a slow issue. Obama said he wants to see the Japanese potential for marketing of American cars.

The visit assumes significance as it is 70 years since the conclusion of World War II. In his address to the Congress, Abe pointed out the Japnese policy of staying out of internal matters of nations. He condoled the death of American citizens in World War II.

Abe insisted on a greater role of his country in world security just as he has managed to initiate a revolution in Japan through his "Abe-nomics".

 

 

Latest Articles
What is bot (Do Not Pay)?

What is bot (Do Not Pay)?

Since its launch in March 2016, the Do Not Pay bot has challenged over 160,000 parking tickets. The bot, created by British teenager Joshua Browder, has proved successful and has gained a lot of media press. This popularity seemed to be a bit unexpected by the bot’s creator. "I'm very…

Massachusetts attorney general’s investigation is political says Exxon

Massachusetts attorney general’s investigation is political says Exxon

Four things that are illegal if you visit Dubai

Four things that are illegal if you visit Dubai

What you should know about shoplifting

What you should know about shoplifting

Is a handwritten last will & testament legal?

Is a handwritten last will & testament legal?

Tennessee Law

Tennessee Law

Prosecutors drop charges against officers who killed Freddie Gray

Prosecutors drop charges against officers who killed Freddie Gray

Freddie Gray was charged with illegal possession of a switchblade when he was arrested. While being transported in the police van he fell into a coma; later the cause of his death was ruled a trauma to his spinal cord. The incident took place on April 12, 2015. The autopsy report states that there…

Florida’s New Concealed-Carry Law

Florida’s New Concealed-Carry Law

What you need to know to legally change your name

What you need to know to legally change your name

What Is a Living Will?

What Is a Living Will?

How to apply for legal aid

How to apply for legal aid

What Is An Assault & Why You Need An Experienced Defense Attorney

What Is An Assault & Why You Need An Experienced Defense Attorney

News Gallery
The Spot Light