FOR IMMEDIATE RELEASE – July 16, 2012
Contact: James Fatheree 202-463-5673
U.S.-Japan Business Council and U.S. Chamber Announce Integration
‘This will amplify the voice of the American business community on U.S.-Japan economic relations’ Says USJBC Chairman Lake
WASHINGTON, D.C.—The U.S.-Japan Business Council (“USJBC”) and U.S. Chamber of Commerce announced today integration of the two organizations, effective immediately.
“The USJBC’s official alignment with the U.S. Chamber will amplify the voice of the American business community on U.S.-Japan economic relations,” said Charles D. Lake II, chairman of the USJBC. “Japan is a critical market for many U.S. companies, and we have major opportunities to do even more trade with Japan. With the Chamber’s broad reach and influence, and on-the-ground insight and effort from U.S. executives in Tokyo affiliated with the USJBC, we will continue to work aggressively and effectively with both governments and the private sectors to strengthen our economic relationship.”
“This is a win-win for our organizations and for the businesses we represent,” said Thomas J. Donohue, president and CEO of the U.S. Chamber. “By bringing together the USJBC’s expertise on Japan and the Chamber’s strong platform and programs in Washington and Asia, we can maximize the value to U.S. companies with interests in Japan and the region.”
This is a timely moment for the integration given the important issues on the bilateral economic agenda, including Japan’s possible participation in the Trans-Pacific Partnership (TPP) negotiations, the potential for new levels of cooperation on energy, and need for pro-business policies that will support trade and stronger economic growth in both economies. The USJBC will continue to set its priorities and positions on these and other bilateral economic issues while operating as part of the Chamber.
USJBC President James Fatheree will retain the title of president and chief operating officer and continue to be responsible for day-to-day operations of the USJBC while assuming broader responsibilities as senior director of the U.S. Chamber for Japan and Korea.
The USJBC represents major U.S. companies doing business in Japan across a wide range of industrial and service sectors.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.