The U.S.-Japan Business Council—an affiliate of the U.S. Chamber of Commerce—and its Japanese counterpart launched a two-day event on Thursday to celebrate 50 years of partnership towards improving their bilateral trade and economic relationship.
“It’s hard to think of a time when the opportunities for Japan and the United States so far outweighed the challenges,” Chamber President and CEO Thomas J. Donohue said. “If our two countries act as leaders and help guide the Asia-Pacific, the world’s most dynamic growth region, to more integrated, open, and efficient markets, we can drive a lot of growth and jobs in both Japan and the U.S. Of course, the biggest opportunity is the Trans-Pacific Partnership which, if successful, would be the tip of the spear in fostering greater integration, and yielding substantial benefits for everyone.”
The conference brought together senior American and Japanese leaders from the business and government sectors to discuss economic growth, trade, competitiveness and innovation.
“The US-Japan economic relationship has never been closer, broader or more robust, and the best is yet to come,” Charles D. Lake, the chairman and a representative of Aflac Japan and chairman of the U.S.-Japan Business Council, said. “Japan’s participation in the TPP, and Prime Minister Abe’s economic revitalization strategy, or ‘Abenomics,’ represents a tremendous opportunity to strengthen our economic relationship.”