Japan PM prioritizes beating deflation; seeks ties with like-minded nations

  • Japanese PM Ishiba focuses on economic growth to counter deflation and rising costs, emphasizing partnerships with South Korea, Washington, and like-minded nations for regional security.

Japan PM Ishiba on the wires

  • Japanese PM Ishiba says beating deflation is the top economic priority and we will seek economic growth as the basis of fiscal health
  • Will compile economic package as soon as possible to help cushion blow to households from rising costs.
  • Says will seek ties with like-minded nations to supplement US alliance and pursue regional security policy balancing diplomacy and military strength
  • Adds South Korea partnership is crucial for Japan
  • Will deepen cooperation with Seoul and Washington.
  • Japan will cooperate with China where it can and confront it on issues that need addressing.

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