Japan must enlist the support of Asian governments and private sectors to promote the yen as an international currency, the Japan Federation of Economic Organizations (Keidanren) said in a recommendation Wednesday.
"There is no better time than the present to call for a wider international use of the yen," said the Keidanren recommendation, For Asia's Economic Renewal: A proposal by Japan's business community.
The proposal was released Wednesday during a one-day international symposium in Tokyo on the Asian economic recovery, organized by the Japan External Trade Organization.