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.