Japan finance minister to visit Singapore, Vietnam next week

TOKYO, Jan 6 (Reuters) – Japanese Finance Minister Shunichi Suzuki is about to go to Singapore and Vietnam to fulfill excessive authorities officers from Jan. 10-13, the Ministry of Finance stated on Friday.

There shall be no media alternatives throughout his visits, however the minister will temporary reporters on outcomes of the journey at a information convention after he returns, the ministry stated.

Together with Indonesia, Japan co-chairs this 12 months’s conferences of ASEAN+3, together with China and South Korea, and it’ll additionally host the Group of Seven (G7) leaders’ assembly.

Through the visits, Suzuki will meet Lawrence Wong, Singapore’s deputy prime minister who doubles as finance minister, and Vietnamese finance chief Ho Duc Phoc.

“On high of bilateral ties … we are going to talk about important agenda equivalent to monetary cooperation throughout the area,” Suzuki instructed reporters. “We may even make use of talks with Singapore for reaching our aim of creating Tokyo a world monetary centre.”

Turning to home affairs, Suzuki shrugged off hypothesis that the federal government might take into account elevating the gross sales tax sooner or later to pay for its plan to spice up childcare spending, following such remarks by ruling social gathering tax heavyweight Akira Amari.

“The federal government just isn’t making any particular consideration in the direction of the way in which future gross sales tax ought to be. I feel Amari’s remarks are his personal,” Suzuki stated.

Reporting by Tetsushi Kajimoto; Enhancing by Himani Sarkar and Kim Coghill

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