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Blog Category: Japan

Secretary Locke Addresses American Chamber of Commerce in Tokyo, Japan

Delivering remarks at the American Chamber of Commerce in Japan (ACCJ) luncheon in Tokyo today, Commerce Secretary Gary Locke discussed strengthening the U.S.-Japan economic relationship, noting the ongoing work between the U.S. Commerce Department and Japan’s Ministry of Health, Labor and Welfare, as well as the Ministry of Economy, Trade, and Industry.

Locke reiterated the United States’ commitment to strengthening U.S.-Japanese trade, and the desire to see continued export expansion into Japan. Bilateral trade between the two countries totaled nearly $147 billion in 2009.

Locke also remarked on the need to ease trade barriers, calling for open investment and trade environment that allows businesses, entrepreneurs and policy makers to bring their respective strengths to the table and spur the type of innovation and economic growth the U.S. cannot achieve alone. He defined economic success as the ease with which policies make it possible for innovators to exchange ideas, as well as to invest and trade.  

The ACCJ luncheon marked Locke’s first stop in Japan while attending the Asia-Pacific Economic Cooperation (APEC) Summit, which is being chaired this year by Japan in Yokohama.

Secretary Locke Meets with Japan's Minister of Economy, Trade and Industry

Minister of Trade and Secretary of Commerce with other attendees of meeting. Click for larger image.

U.S. Commerce Secretary Gary Locke hosted a meeting with Japan’s Minister of Economy, Trade and Industry (METI) Toshihiro Nikai, the first meeting between Minister Nikai and Secretary Locke. In their meeting, Locke and Nikai recognized the progress made by the Commerce Department and METI under the Joint Initiative for Enhanced U.S.-Japan Cooperation on Intellectual Property Rights and other global issues and expressed support for continuing to deepen cooperation on trade and investment issues. “It is important for the United States and Japan, as the two largest economies in the world, to show strong leadership during these challenging economic times,” Locke said. (More)