Regulatory Reform and Competition Policy Initiative |
On June 30, 2001, President Bush and Prime Minister Koizumi
established the Regulatory Reform and Competition Policy Initiative (Regulatory Reform
Initiative) which is an important component of the U.S.-Japan Economic Partnership for Growth
(Partnership). Each year, the two Governments exchange reform recommendations in
the fall under this Initiative. These recommendations serve as a basis for annual
reports to the President and Prime Minister, specifying reform measures to be taken by each
Government. USTR is the lead agency for the U.S. Government for this Initiative while the
Ministry of Foreign Affairs takes the lead for the Japanese Government. |