1) Japan has set targets to double foreign direct investment into the country, double exports by small and medium enterprises, and have 70% of its trade covered by foreign investment agreements by 2020. 2) Major infrastructure development is planned for the 2020 Tokyo Olympics. 3) Japan has signed or entered into force fourteen economic partnership agreements and free trade agreements mainly with ASEAN countries, covering about 23% of its overall trade, and has a target of increasing that trade ratio to 70% by 2018.

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© Asia Matters 20143
Growth Strategy : Targets for 2020
!★Double the FDI into Japan ★Double SME exports ★70% of trade under FDIs!
★Tokyo Olympics in 2020 will see major infrastructure development
Fourteen EPAs/ FTAs
mainly with ASEAN countries
have entered into force or
been signed, which covers
about 23% of Japan’s overall
trade. In its growth strategy
“ J a p a n R e v i t a l i z a t i o n
Strategy” (June 2013), Japan
set a target of trading FTA
ratio of 70% by 2018.
Accessing Global Trade networks3
Closing Japan EU EPA negotiations by the end of 20152
The role of Abenomics in reforming Japan’s economy for more sustainable growth1
¥
Fiscal Challenges
!
7.5% Deficit to GDP"
!
230% Debt to GDP
Environmental Challenges
!
88.3% Total Thermal Power
Demographic Challenges
!"
40% of population will
be over 60 by 2050
EU Japan Relationship 2013
!
30% of Global GDP
25% of Global Trade
!The EU was Japan’s"
largest source of FDI
★ 33% increase in exports to Japan ★ 23% increase in exports to EU
Projected "
Impact of
FTA
Signed, entered
into force: 22.6%
Under negotiation
61.8%