Broad Accord on Japan-Australia EPA

It is a great pleasure that カジノシークレット 入金conomic partnership agreement (EPA) negotiations between Japan and Australia that began in 2007 have recently come to a broad agreement. The negotiations began under the first Cabinet of Prime Minister Shinzo Abe, and an agreement was reached under the second Abe Cabinet. I would like to express my heartfelt respect for カジノシークレット 入金fforts of the top leaders and officials of the Japanese and Australian governments.

Needless to say, Australia has a complementary economic relationship with Japan. Through the Japan-Australia EPA, I believe trade and investment between the two countries will expカジノシークレット 入金nd bilateral cooperation will further advance in the fields of natural resources and energy as well as environmental technology.

The basic agreement on the Japan-Australia EPA shows to countries participating in the Trans-Pacific Partnership (TPP) talks that Japan has the political will to promote economic partnerships. I believe it will also generate momentum for the TPP negotiations and for the promotion of the Regional Comprehensive Economic Partnership (RCEP).

Economic Outlook

Many business executives envision that カジノシークレット 入金xpected sales slump in reaction to the last-minute rise in demand until カジノシークレット 入金nd of March before the consumption tax rate was raised will be less than 5%. The last time the consumption tax was raised, sales decreased about 8%. Compared with that, the outlook appears brighter this time around. I expect カジノシークレット 入金ffects of the 5.5 trillion yen economic stimulus package, 1 trillion yen in tax cuts for investment and the front-loading of public works will prop up カジノシークレット 入金conomy. Implementation of a new growth strategy to be decided in June can also be expected to put カジノシークレット 入金conomy on a growth track. カジノシークレット 入金conomy is likely to show positive growth in the July-September quarter.