The Japanese government is required to immediately implement a large-scale and swift stimulus measure without a break to overcome the ongoing unprecedented crisis. The government has made an excellent decision that it will compile the 2009 supplementary budget with actual fiscal spending of over 10 trillion yen, a record-high. It will without doubt become a powerful engine for the economy.
The unacceptable act has made the Japanese people feel uneasy and threatened the peace of East Asia region. The Japanese government must take a firm attitude toward North Korea. A new UN security council resolution or anything like that must be generated as a strong warning of the international community to urge the country to fully recognize the global concern.
The Far East region is rich in natural resources and has a huge economic potential. Japanese companies are positive in strengthening the relationship between Japan and Russia through the development of energy resources and infrastructure in the area. The arrival of the LNG produced in Sakhalin2 is a significant turning point toward a new era of Japan-Russia business relation.
The present Keidanren Kaikan was built in 1966 during the period of the second chairman, Ishizuka Taizou. The building has witnessed the history of Japanese economy for about 43 years, arousing our feelings of nostalgia of those old days. The new head quarters, which will open pretty soon, have enough facilities to support business activities in the 21 century. Keidanren will work harder to reinforce the policy recommendation function and to make a larger contribution to our member companies.