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Top Daiwa Banker Says Japan’s Pace of Reopening Is ‘Frustrating’

Pedestrians and a cyclist cross a street passing a tram in Kumamoto, Japan.

Pedestrians and a cyclist cross a street passing a tram in Kumamoto, Japan.

Photographer: Soichiro Koriyama/Bloomberg

Japan’s reopening has been frustratingly slow following its strict Covid-19 border restrictions, a senior executive at Daiwa Securities Group Inc. said, as the Asian nation prepares to welcome its first batch of foreign tourists since the start of the pandemic.

“It’s very frustrating to be honest,” Keiko Tashiro, deputy president of Japan’s second-largest brokerage, said during a panel discussion at the World Economic Forum Wednesday. “When I travel abroad, I see all the economic activity in Europe and the US, but Japan is still very closed.”