Japan Will Convene A Provisional Parliament To Consider The TPP Agreement And Related Supporting Legislation.

This (2016) annual meeting of the Japanese parliament was adjourned in June 1st. The new bill passed by the Andouble administration passed 54 items and was not completed.

The consideration of the agreement and related supporting bills is less than fifth for Japan after World War II.

Japanese media reported that the Japanese government and the ruling party began to assess the convening of the provisional parliament by the end of September. The session will be tentatively scheduled for the end of November. Besides the TPP, the second additional budget and the consumption tax increase tax extension act of this year (2016) will also be considered.

Japan's Liberal Democratic Party cadres said that if it is favorable for the autumn to convene a provisional parliament, it is possible to formally discuss the amendment of the Japanese Constitution.

Japanese media reported that the Japanese government considered the number of bills that had been reviewed at least 56 after the July Senate election.

The TPP agreement and related bills were suspended. The main reason was that Kari Aki, the former Minister of economic and fiscal regeneration, was boycotted by the opposition party, which made the Congress move temporarily.

Japanese media believe that TPP will not only bring positive benefits to the output of large enterprises, but also help SMEs enter overseas.

Consumers can also benefit from

Efficiency, to purchase imported agricultural products at a cheaper price.

The Japanese government estimates that TPP will create employment opportunities for 800 thousand people after the entry into force of the GDP. The real GDP will increase by about 14 trillion yen. TPP will be positioned as the main axis of growth strategy. The late development of TPP will affect the growth strategy of the government.

In addition, the Japanese Labor Standards Law Amendment incorporated the salary not only to the hours of work but also to the relevant provisions of the outcome evaluation, which helped to diversify the way of work of the enterprises and employees. The Japanese government also gave up the election in July (2016) for consideration.

On the other hand, for the reform of labour market, the system of monetary compensation should be established for those who have been sentenced to improper dismissal, and no progress has been made in the relevant discussions.

The reason is that if the relevant compensation system is established, it may encourage employees to dismiss employees.