Japan Economic Security Minister Says Business Must Be Free
- Takayuki Kobayashi speaks in interview with Bloomberg News
- Private sector to be consulted on strengthening supply chains
Takayuki Kobayashi on Nov. 25.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Japan’s new economic security minister downplayed concerns about regulations that could hamper international commerce, saying repeatedly the country’s commerce was based on a flourishing free market.
“First of all, the basic principle is that business is free,” said former finance ministry official Takayuki Kobayashi, who was appointed to the position in Prime Minister Fumio Kishida’s cabinet last month.