13:30 JST, March 25, 2022
TOKYO (Jiji Press) — The Diet, Japan’s parliament, on Friday approved a special five-year pact on Japanese host-nation financial support for U.S. forces in the Asian country.
The pact was approved at the day’s plenary meeting of the House of Councillors, the upper chamber of the Diet, by a majority vote with support mainly from the ruling coalition of the Liberal Democratic Party and Komeito, and the biggest opposition Constitutional Democratic Party of Japan. The House of Representatives, the lower chamber, approved it earlier.
Under the accord, set to take effect April 1, Japan will shoulder ¥1,055,1 billion in costs for the U.S. forces between fiscal 2022, which starts that day, and fiscal 2026. Japan’s host-nation support will increase by ¥10 billion annually from the current level.
In December last year, the Japanese and U.S. governments agreed to increase Tokyo’s cost sharing, aiming to strengthen the U.S. deterrence and response capabilities apparently in view of China’s military buildup.
Utility costs borne by the Japanese side will be cut is stages. Meanwhile, Japan will pay up to ¥20 billion over the five years under the newly created spending category of training materials and equipment procurement, including introducing cutting-edge systems such as simulators.
"Politics" POPULAR ARTICLE
-
Japan Presses U.S. to Scrap 25% Auto Tariffs as Ishiba Refuses Partial Trade Deal; No Deal Without ‘Total Rollback’
-
LDP to Forgo Compiling Selective Surname Bill During Current Diet Session
-
Japanese Govt on High Alert after Chinese Aircraft Intrusion into Territorial Airspace near Senkaku Islands in Okinawa Pref.
-
Japan Wary of ASEAN Members Shifting Away from U.S.; Ishiba Hopes to Limit Spread of China’s Economic Influence
-
Government Sounding Board Flooded With Identical Comments; Experts Warn of Distorted Picture of Public Opinion
JN ACCESS RANKING
-
Core Inflation in Japan’s Capital Sharply Accelerates in April
-
U.S. Holds Fire Over Yen Exchange Rate Targets; Bessent Said to Understand Negative Impact on Markets
-
Rents Mark 30-Year-High Rate of Rise; Decrease in Disposable Income May Dampen Personal Consumption
-
Japanese Govt Mulls Raising Number of Cars to be Imported Under Simplified Screen System in U.S. Tariff Negotiations
-
Japan Must Boost Its ‘Indispensability,’ Urges JETRO Chair; Convince United States That Cooperation Will Be Beneficial