Chairman Mitarai's comment at his press conference

December 8, 2008

Following is the gist of remarks made by Chairman Mitarai at his Press Conference. Translation is rush and tentative, and sequence of the gist does not necessarily coincide with words delivered.

( Employment situation )

Japanese companies have no choice but to make a hard decision to cut back production in deteriorating global economy. Quick recovery is desperately needed to improve the employment circumstance. It is also required that the Japanese government and private sector work together to create jobs. For the time being, the government should reinforce the safety net for jobless people through policy measures such as unemployment benefit payment increase.

( WTO Doha Round )

The successful conclusion of the Doha Round means a lot to recovery of the world economy. The member countries should share pains and compromise to reach an agreement. The potential of the Japanese agricultural industry is huge. The competitiveness should be enhanced with whole nation efforts.

( Cabinet support rate )

The important thing is to show the people a clear vision for the future. The government and ruling parties should never fail to implement necessary policy toward the goal. The people's understanding and support will follow.


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