Find the LDP-Komeito Coalition Government Policy
Agreement here,
if you can read Japanese and are prepared to be mostly unsurprised. It
reaffirms the Nuclear Regulation Authority’s supremacy on reactivating reactors
and passes on constitutional amendment for further discussion. IT adopts the LDP’s
2% inflation target and 3% or more nominal GDP growth rate—1% real growth; that’s
a pretty modest figure, but not out of line with typical per capita, developed
country expectations, I assume.
Two things come across as notable. First,
there’s no reference to a government-BOJ policy accord. I doubt that this means
anything, but it was one of Abe’s headline campaign promises. Second is the
following (my translation):
“Seek to reinforce the Japan-US alliance,
reconstruct the relationship between the two countries, and seek to increase
trust with neighboring countries such as China, South Korea, and Russia.”
The only other “neighboring countr[y]” that
I can think of is North Korea—Taiwan is not a “country” in officialspeak. But that’s
not my point. South Korea was supposed to be one cornerstone of then Foreign Minister
Aso’s “Arc
of Freedom and Prosperity” * and it is being mentioned in the same breath
as China and Russia. It’s not about the overall relationship; things are not
bad between Japan and Russia. The common thread seems to be the territorial disputes.
More generally with regard to “Diplomacy
and Security”, there’s no fancy talk about global leadership, international
contribution and the like. It’s focused on the national interest in the narrow
sense. And speaking of national interest, it says:
“…with regard to TPP, we shall seek the
best path that is in accord with the national interest.”
Noncommittal, but the non-commitment is certainly
phrased in a way that is less negative than the LDP’s corresponding headline campaign
“promise”:
“We shall oppose participations in the TPP
negotiations as long as ‘elimination of tariffs without sanctuaries’ is the
premise.”
I’m more convinced than ever that Prime
Minister Abe will come back with an agreement with President Obama on this. The
trick will be to find wording that minimizes noise from LDP dissenters while
enabling Obama to put the question to Congress without the political costs outweighing
the benefits.
* I misremembered this, and I’m beginning to see why.
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