DPJ, People's New Party to submit bill to freeze postal privatization for 1 year

The opposition Democratic Party of Japan (DPJ), which became the largest bloc in the House of Councillors as a result of the July 29 election, is set to submit to the chamber a bill that would freeze postal privatization for one year.

The DPJ will co-sponsor the bill with another opposition party, People’s New Party, DPJ officials said.

Over the one-year period, the DPJ intends to work out bills to review the privatization of Japan Post scheduled for Oct. 1 this year.

A package of postal privatization bills were passed into law after the ruling Liberal Democratic Party won a landslide victory in the 2005 House of Representatives election.

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