Cabinet approves privatization of postal services

TOKYO, Japan - Economic and Fiscal Policy Minister Heizo Takenaka speaks to reporters after Prime Minister Junichiro Koizumi won formal Cabinet approval of a blueprint to privatize Japan's postal system on Sept. 10. The paves the way to split Japan Post into four companies and place them under a holding company when the process begins in April 2007.

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2004/9/10 00:00:00

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Kyodo / Kyodo News Images

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2004 Kyodo News

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