Economic Partnership for Growth (2001–2010)

U.S. Agencies

Executive Office of the President

Japan Agencies

Ministry of Foreign Affairs
Prime Minister

Meeting Frequency

Heads of government summit meeting: 1x/year; high-level official meeting: 1x/year; working groups: ad hoc.

Context

Announced in 2001 by President George W. Bush and Prime Minister Junichiro Koizumi to address tense long-standing economic issues between the U.S. and Japan.
Consisted of five subgroups, each dedicated to a specific goal: encouraging private-public cooperation, promoting regulatory reform, addressing macroeconomic issues, increasing bilateral investment, and addressing trade problems before they escalated.

Goals

To create an environment of sustainable growth by focusing less on sectoral issues or quantitative goals than previous initiatives but still addressing remaining economic issues.

Significance

A new global security context and a less results-oriented approach gave the partnership a low public profile, and in some ways this aided the dialogue’s productivity. Click on the subcommission entries to learn about them and their accomplishments. This partnership was replaced by the Economic Harmonization Initiative in 2010.