Join TPP but also expand in Asia: economist
News On Japan via Japan Times -- Mar 22

Japan should adopt a two-pronged trade strategy - participate in the U.S.-led Trans-Pacific Partnership free-trade agreement and further deepen economic ties with the rest of Asia - to achieve economic growth, according to the top economist at the Asian Development Bank Institute.

Masahiro Kawai, dean and chief executive officer of the Tokyo-based think tank affiliated with the ADB, a multilateral financial institution headquartered in Manila, argues that Japan's participation in the TPP talks is imperative because the negotiations there may well set the future rules of trade for the entire world, not just the Pacific region.

At the same time, Japan should push for a multilateral economic cooperation framework with the so-called ASEAN Plus Three or ASEAN Plus Six nations, the latter of which includes both China and India, "to get an energy boost from the region," he said.

By pushing for the two free-trade agreements, Japan could be a "bridge" between the TPP members and the rest of Asia, because there would be no other major economic power participating in both, he maintained.

Source: Japan Times

Apr 16 Anne Frank vandalism suspect to face psychiatric test
Tokyo prosecutors plan to look into whether a man, who has been arrested for allegedly vandalizing copies of Anne Frank's diary, is mentally competent to be held criminally responsible for his actions, informed sources said Wednesday. (Jiji Press )
Apr 16 Young salmon released into river in Fukushima
Fishermen in Fukushima Prefecture have released young salmon into a local river for the first time in 4 years. (NHK )
Apr 15 Hakamada makes first public appearance as reprieve pends
Apparently perplexed but thrilled to find himself in the spotlight, Iwao Hakamada, formerly the world's longest-serving death-row inmate, made his first public appearance Monday in Tokyo since being released from prison and hospitalized. (Japan Times )
Apr 15 Spring festival in Takayama starts
The Takayama Spring Festival in central Japan kicked off on Monday with its traditional float parade. (NHK )
Apr 15 3 family members, one relative found dead in Aichi
Aichi prefectural police are investigating a possible link between the discovery of the bodies of a husband and wife and their eldest son, and the body of a male relative of the deceased family who was found hanging by his neck in a hotel. (Japan Today )
Apr 14 Taiwanese tourists hurt in deer rampage at Nikko
Visitors to one of Japan's most celebrated spots are being warned to be on the lookout, after two Taiwanese tourists were injured in a rampage by a wild deer. (Japan Today )
Apr 14 Body of missing worker from Okinotori atoll accident found
The body of one of two missing workers who died on March 30 after a floating pier overturned while being unloaded from a barge during construction work on a remote rocky atoll, was found on Sunday, the coast guard said. (Japan Today )
Apr 14 Mother, son killed after their car hit by police car
A 34-year-old woman and her 5-year-old son were killed after their car was hit by a police patrol car at an intersection in Tamba, Hyogo Prefecture, on Sunday. (Japan Today )
Apr 13 Man killed in hit-and-run in Yokohama
A 35-year-old man died after being hit by a car that kept going in Yokohama on Sunday morning. (Japan Today )
Apr 13 600 million dreamers
Mickey Mouse and friends celebrate the 600 millionth visitor to Tokyo Disney Resort's two theme parks (The Japan News )