The challenges facing a Japanese firm trying to reorganize to become more efficient and competitive are the same ones confronting foreign firms trying to invest in Japan. Prime Minister Obuchi has been instrumental in setting the positive tone for our talks on investment. In his meeting with American chief executives last spring, the Japanese premier had a frank, constructive exchange of views on trade and investment. His editorial in the New York Times last year welcomed the gnew ideas and energy h foreign investment brings. The United States and Japan will continue this positive tone in the government investment working group discussions, which will analyze the recommendations made by the business community at the symposium.
Investment needs a competitive, deregulated market to grow.
We hope that Japan will move quickly to undertake reforms needed to attract investment. The United States supports a stronger Japanese economy and is committed to working together with Japan to improve its investment environment. Together, we can create an improved environment that will bring buyers and sellers together in a more efficient and dynamic market place for the mutual benefit of our firms and their workers in both our countries. This site is produced and maintained by the Public Affairs Section of the U.S. Embassy, Japan. Links to other Internet sites should not be construed as an endorsement of the views contained therein.