Aaron believes Japan is key to recovery in the area. The message is clear. Japan cannot export to Asian countries unless their economies are healthy, but other Asian nations cannot recover unless they can export more to Japan. It is an integrated system, with Japan at its center. The most important contribution Japan can make to the restoration of stability and growth in Asia is to strengthen domestic demand, deregulate its economy and open up to more imports.
Japan has the only economy with the ability to be an Asian locomotive.
Although Aaron believes Japan is critical to the region's economic recovery, he adds that United States businesses must also play an important role. I want to stress three strategies that our commercial service officers are giving to businesses across the country. First, Asian markets will rebound, so stay involved in the region for the long term. Second, explore alternative markets to compensate for the current downturn. U.S. government and industry representatives focused on the specific technology of interest in Malaysia, Singapore, the Philippines and Thailand.