Sunday 16 June 2013

Japan News

Japan highlights role of nuclear power in economic growth strategy
Kyodo -- Jun 14

The Japanese government made clear that nuclear power will continue to play a key role in meeting energy demand as it vowed in its economic growth strategy endorsed Friday to push for the restart of idled reactors.
Once reactors clear a set of new safety requirements that will be introduced soon in the wake of the 2011 Fukushima Daiichi nuclear power plant disaster, the government will "move ahead with" their resumption and "work to win the approval and cooperation" of local governments hosting the facilities, the strategy said.The new regulations are expected to take effect in July, setting the stage for reactors, most of which are now offline, to undergo the Nuclear Regulation Authority's safety assessments.

G-8 leaders set to unite against tax avoidance
Jiji Press -- Jun 16

The leaders of the Group of Eight major countries are expected to unite in tackling tax avoidance by multinational firms at their summit in Lough Erne, a lakeside resort in Northern Ireland, for two days from Monday, sources have said.
The G-8 leaders are seen agreeing to draw up new rules, through the Organization for Economic Cooperation and Development, to rein in tax avoidance although it is expected to take two or three years to come up with specific measures, the sources said.

Source: News On Japan

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