The U.S.-Japan Business Council (USJBC), an affiliate of the U.S. Chamber of Commerce, concluded the 53rd meeting with its Japanese counterpart, the Japan-U.S. Business Council.

The two-day program covered topics ranging from opportunities to further strengthen the political and economic ties between the two nations, new initiatives—including the Trans-Pacific Partnership (TPP)—to set higher standards for trade and commerce in the Asia-Pacific region, the unique challenges posed by the digital revolution and by demographic change, and policies that improve and expand economic ties between nations.

“The U.S.-Japan partnership stands as a strong example of the profound potential that economic integration holds for growth and prosperity,” said John C. Lechleiter, Ph.D., chairman of USJBC and CEO of Eli Lilly and Company. “The conference focused on concrete ways to further improve our engagement, both between our business sectors and between our governments. We confirmed a strong commitment on both sides to leverage fully the opportunities in one of the world’s most important bilateral relationships.”

Distinguished guest speakers at the conference included Ambassador Caroline Kennedy, Foreign Minister Fumio Kishida, Bank of Japan Chairman Harukiko Kuroda, President Naoki Tanaka of the Center for International Public Policy Studies, and Director Bruce Stokes of the Pew Research Center.

Chairman Kunio Ishihara of the USJBC’s sister organization, the Japan-U.S. Business Council, added, “This conference reaffirmed that Japan and the United States share a strong bond of friendship, as well as a sense of shared responsibility to cooperate to find the answers to challenges that will allow us to support stable and sustained growth both in our respective economies as well as across the globe.”

In addition to general topics, the conference also covered government-to-government and private sector initiatives and activities in sector-specific areas, including in energy, healthcare innovation, financial regulations, and travel and tourism.

Source: USCC