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Japanese parliament passes refueling, bank aid bills
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16:17, December 12, 2008

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The Japanese parliament passed two bills Friday to continue Japan's antiterrorism refueling mission in the Indian Ocean and to allow public fund injection to bolster the banking sector.

The controversial refueling bill was passed via a re-vote in the House of Representatives, overriding the House of Councilors' rejection of the legislation.

The House of Representatives is dominated by the ruling coalition and overrides the upper House, which is opposition-controlled.

Under a temporary one-year law, the refueling mission of the Maritime Self-Defense Force (MSDF) in the Indian Ocean is to expire on Jan. 15, 2009. The bill to extend the mission was brought before parliament on Sept. 29.

In the mission, the MSDF is refueling foreign vessels taking part in the U.S.-led crackdown on ships linked to terrorism.

The refueling bill, which initially cleared the lower house Oct.21, was voted down during an upper house plenary session in the morning.

The lower house enacted 334 to 133 to override the upper house's rejection to enable Japan to continue refueling for another year from Jan. 15.

The amendment proposed to the financial bill by main opposition Democratic Party of Japan was also approved.

The original government-proposed financial bill cleared the lower house on Nov. 6.

The amendment states that scandal-tainted Shinginko Tokyo, a bank primarily owned by the Tokyo metropolitan government and under fire for lax lending practices to high risk borrowers, will effectively be exempt from public fund injections.

Source:Xinhua



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