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Industry chiefs to G8: Forge fair emissions goals

Following a one-day meeting in Tokyo, the business federation chiefs issued a joint statement urging the G8 nations to come up with measures that will encourage developing countries to participate in the framework to succeed Kyoto. "We hope there will be a forward-looking agreement on such points," said Fujio Mitarai, chief of the Japan Business Federation (Nippon Keidanren) and chairman and CEO of Canon Inc. Mitarai also said the business chiefs briefly discussed the sectoral approach Japan proposed that has so far only received mixed reactions.