Keynote Speech by Prime Minister KISHIDA FumioKeynote Speech by Prime Minister KISHIDA FumioIn 1964, Japan became the ■rst Asian country to join the OECD. In 1964, Japan became the ■rst Asian country to join the OECD. Since then, Japan has further opened its economy by way of Since then, Japan has further opened its economy by way of liberalisation in line with the OECD Codes of Liberalisation of liberalisation in line with the OECD Codes of Liberalisation of Capital Movements and of Current Invisible Operations. This Capital Movements and of Current Invisible Operations. This resulted in the nation’s economic growth supported by free trade resulted in the nation’s economic growth supported by free trade and investment. As the second-largest ■nancial contributor to and investment. As the second-largest ■nancial contributor to the OECD in assessed contributions after the United States, the OECD in assessed contributions after the United States, Japan actively participates in discussions and plays an important Japan actively participates in discussions and plays an important role in the management of the OECD, as illustrated by the role in the management of the OECD, as illustrated by the selection of Japanese sta■ for the Deputy Secretary-General selection of Japanese sta■ for the Deputy Secretary-General position since 1990.position since 1990. This year, Japan marks the 60th anniversary of its member- This year, Japan marks the 60th anniversary of its member-ship in the OECD. On 2 and 3 May, the Country also assumed ship in the OECD. On 2 and 3 May, the Country also assumed the Chair of the Ministerial Council Meeting (MCM) for the the Chair of the Ministerial Council Meeting (MCM) for the third time. Under the theme of “Co-creating the Flow of third time. Under the theme of “Co-creating the Flow of Change: Leading Global Discussions with Objective and Change: Leading Global Discussions with Objective and Reliable Approaches towards Sustainable and Inclusive Reliable Approaches towards Sustainable and Inclusive Growth”, Japan led discussions to promote a rules-based, free Growth”, Japan led discussions to promote a rules-based, free and open international order, with particular emphasis on the and open international order, with particular emphasis on the following three pillars:following three pillars:OECD’s Outreach to the Indo-Paci■c Region:OECD’s Outreach to the Indo-Paci■c Region:In commemoration of the 10th anniversary of the OECD Southeast Asia In commemoration of the 10th anniversary of the OECD Southeast Asia Regional Programme (SEARP), established by Japan’s 2014 MCM Regional Programme (SEARP), established by Japan’s 2014 MCM initiative, Japan intended to highlight the signi■cance of recent initiatives initiative, Japan intended to highlight the signi■cance of recent initiatives by Southeast Asian countries to join the OECD. Japan emphasized the by Southeast Asian countries to join the OECD. Japan emphasized the need for the OECD to further enhance outreach to the Southeast Asia need for the OECD to further enhance outreach to the Southeast Asia region, considered as a global economic growth engine.region, considered as a global economic growth engine.Enhancement of the Free and Fair Economic Order:Enhancement of the Free and Fair Economic Order:By making full use of the OECD structure, where member countries with By making full use of the OECD structure, where member countries with shared values come together, Japan emphasized the importance of shared values come together, Japan emphasized the importance of facilitating sound economic growth through free trade and investment, facilitating sound economic growth through free trade and investment, in line with the OECD’s founding objectives.in line with the OECD’s founding objectives.Japan’s Initiatives to Address Emerging Challenges:Japan’s Initiatives to Address Emerging Challenges:Building on the outcomes of the G7 Hiroshima Summit, Japan Building on the outcomes of the G7 Hiroshima Summit, Japan demonstrated its leadership in deepening discussions in the digital demonstrated its leadership in deepening discussions in the digital arena, including generative AI and Data Free Flow with Trust (DFFT), as arena, including generative AI and Data Free Flow with Trust (DFFT), as well as addressing urgent global issues such as climate change.well as addressing urgent global issues such as climate change.Minister for Foreign A■airs KAMIKAWA Yoko chairing the meetingMinister for Foreign A■airs KAMIKAWA Yoko chairing the meetingMinisterial Council Meeting 2024Ministerial Council Meeting 2024- Japan as Chair- Japan as Chair
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