Interesting speech from Japan's ambassador as political pressure...

Interesting speech from Japan's ambassador as political pressure starts to mount on QLDcoal royalty..as reported by AFR

......Mr Yamagami said the increase would have a huge impact on mining companies’ bottom lines, “including Japanese companies that have operated in Queensland for decades”.

“Make no mistake, this is a huge shock for Japanese companies. The future of the successful partnership between Japanese businesses and Queensland as a competitive investment destination could be at great risk.”

Since taking up his post as ambassador, Mr Yamagami has sought to strengthen ties between Australia and Japan commercially, diplomatically and militarily.......