Misleading Joint Statement
Western countries' business organization branches in Tokyo announced 'Joint Statement on Japan Post Reform' on May 10th. But its contents are totally misleading and against the intentions of the New Postal Reform bill which was set to rectify the situation of fake postal privatizaion in Japan. Japanese Postal services provide three major services nation wide service even to the remostest corner of the country but the privatazation of the one of most efficient and dedication national service was being degraded.
The statement says that the Postal Reform harms competition but it is not true. As was disclosed in the series of the Kampo Inn scandals, a massive assetts were sold out to a handful number of business tycoons and now it is apparent that foreign financial companies were also inovolved in the grey zone economic transactions
The announcement claims that the Japan government is placing Japanese consumers at a great disadvantage but it is totally unfounded. Koizumi-Takenaka government which was subdued by the foreing pressure including the international financial groups almost destroyed the Japan Post and its business performance was sharply degraded in recent years.
The announcement also claims that there is a GATS obligation but it is now clear that the Japan Post is not state enterprise and definitely not subsidized by tax payer's money even though it provides the universal service; meanig it can provide the universal posatal service without any subsidy from the state and government.
Why there should be no new product? It is the true core of the unfair practices of the foreign insurance companies in Japan, which were protected in the so called the third area of the insurance industry. If there is a insurance companies getto especially of those foreing companies in New York city, what do you think that the Americans may feel!
Astronomical profit was already rendered in the series of financial scandals involving the foreign companies in Tokyo, for instance was described, for instance, in a book "Fool's Gold' or 'Saving the Sun' authoured by Gilian Tett, former Tokyo bureau chief of Financial Times. and it may be high time to stop for thouse foreign business interest group to stop preaching how Japanese should behave. It is almost arrogant to refer to the internaitonal best performance in the midst of financial turmoils in the rest of the world.
Regulatory exemption refered in the statement is to streamline the heavy burden works of the small post offices scattering the archipelago country and it is a wisdom to bring out the efficient management and it is not at all to give privileges to the Japan Post.
As you might have noticed, the expression in English language of the Joint Statement is written in a style of command to its subordinate as if the Statement is a target of worship. It lacks sense of respect to the Japan's culture and tradition. The draft writer should have known that the Koizumi-Takenaka privatization put the Japan Post into the detrimental manner and the new Reform is to rectify the situation(repeat).
Japan Post is a national mechanizm and assetts to bring out the equibirium in the nation, to fill the socio-economic gap. Japan is a coutry where socio economic gap is conciously squeezed. All citizens can be benefited by the national medicare and sufficed by the Postal life insurance and Postal savings bank. If you have a Postal card you can withdraw any where in Japan, and even abroad, without any extra cost. Japanese postal bank perfomance was far better than the private banks and there was no official debt burden and Japan could massively finance the public works such as railroads and high ways and now for the new generation investments to boost the economy. It is well known that the Japan Post announced to add the new 100000 employees, promoting the temporary staffs of the post office to more secure job status of full employment.
This blog storongl believe that the Statement is a kind of domestic intervention by the foreign business people representing only a fraction of business interests and we all now know what the foreign insurance companies did in their home countries, for instance by the Michael Moore Moviesl
Japan is striving to maintian its internaitonal standing but it cannot be ordered and it should not subdue the arrogant voices of some economi tycoons or market fundamentalist which are now totally collapsed in the Western countries but only some remnants may be remained in Tokyo.
It is well known that teh Koizumi-Takenaka government was heavily influenced by the neocons and villains from the Wall street but now new government is formed and there is a strong support to respect the national interests of Japan which was somewhato brought out of this country and wasted.
This blog respectfully urge those Tokyo based organizations to refrain from meddling into the domestic affairs of Japan and to respect to protect the Japanese citizens decision to revive the Japanese best performance postal services.
This blog sincerely wishes that the rest the world will know that some foreign business branch organizations in Tokyo are doing rampant activities and still clings to the norms of the money first principles without fair distribution of national wealths. Tehre is a saying that there is always a cowardic in the unnanimity. The narrow minded views expressed in the Joint Statement will not be supported in their home countries and it is only workable as a propaganda paper to influence the ailing mass media in Tokyo.
For your reference, the problematic statement reads as follows,
「Joint Statement on Japan Post Reform
American Chamber of Commerce in Japan
American Council of Life Insurers
America's Health Insurance Plans
American Insurance Association
Association of Bermuda Insurers and Reinsurers
Canadian Life and Health Insurance Association
Coalition of Service Industries
Conference of Asia Pacific Express Carriers
European Business Council in Japan
Foreign Non-Life Insurance Association of Japan
European Insurance and Reinsurance Federation
Property Casualty Insurance Association of America
U.S. Chamber of Commerce
U.S. - Japan Business Council
Washington, DC (May 10, 2010) – “Putting Peoples Lives First” requires a careful balancing
of citizens’ interests as consumers, taxpayers, workers and investors. Restricting fair and
productive competition never benefits consumers and harms the economy. The government of
Japan is placing Japanese consumers at a great disadvantage by ignoring the concerns raised by
the above coalition of international groups about creating the equivalent conditions of
competition that benefit Japanese consumers and businesses. We regret that the postal reform
legislation approved by the Japanese Cabinet on April 30, 2010, does not appear to reflect
concerns repeatedly expressed by this coalition and, in fact, raises new and serious questions
regarding Japan’s commitment to fulfilling its international GATS obligations.
We have long expressed the view that there should be no new or modified products or services
introduced by Japan Post until a level playing field is established between Japan Post and private
companies. The draft legislation does not adequately address this concern. The proposal also
disregards international best practices designed to ensure equal competitive conditions among
the Japan Post entities and private banks, insurers, and delivery companies.
For example, the draft legislation would:
• Provide Japan Post Bank, Japan Post Insurance, and Japan Post Services special legal and
regulatory exemptions, including from provisions of the Banking Law and Insurance
• Permit the Japan Post entities to enter new business areas by changing the current approval
process, already unique to Japan Post, to one that requires only “notification;”
• Allow the per-person deposit and coverage limits currently imposed on Japan Post Bank and
Japan Post Insurance’s businesses to be raised to 20 million and 25 million yen, respectively;
• Provide Japan Post Bank, Japan Post Insurance, and Japan Post Services special tax
• Allow Japan Post to compete against private sector express delivery companies on a playing
field heavily tilted in Japan Post’s favor.
Granting new competitive advantages to Japan Post will not improve citizens’ lives; instead, it
will harm the employees, sales agents, contractors, and investors of Japan Post’s private sector
competitors; reduce consumer choice; distort Japan’s economy in a detrimental manner; and
reduce opportunities for economic growth. This sends exactly the wrong message about
regulation to other major insurance markets, that could result in harm to insurance companies
regardless of where based, including Japan.
Moreover, by calling Japan’s commitment to honor its obligations under the GATS further into
question, the draft legislation could harm Japan’s international interests. Japanese companies
and consumers have an important stake in the international trading system, and measures such as
these are highly objectionable, particularly when proposed by one of the world’s trading giants.
We believe this must be addressed promptly and decisively.
The organizations listed above -- representing a broad and diverse group of stakeholders -- have
a critical interest in any restructuring of Japan Post. We respectfully urge, in the best interests
of Japan and its citizens, and to avoid non fulfillment of its international GATS obligations
which in turn could harm Japan's international standing as a major global economic power, the
Government of Japan to use the time remaining before the postal legislation is finalized as an
opportunity to ensure equivalent conditions of competition with private sector banks, insurers,
and delivery companies is enforced.
In addition, we urge our respective governments to help Japan find a solution that ensures that it
can fulfill its international trade commitments.」