Sept 5 (Reuters) - JAPAN-U.S. BUSINESS COUNCIL:

* ISSUES COMMENTS ON REPORTS REGARDING BIDEN

ADMINISTRATION'S

BLOCKING OF SALE OF U.S. STEEL TO NIPPON STEEL

* "VERY ALARMED BY ANY ATTEMPTS TO POLITICIZE THE COMMITTEE

ON

FOREIGN INVESTMENT IN THE UNITED STATES (CFIUS) REVIEW PROCESS"

* REVIEW PROCESS SHOULD BE CONDUCTED OBJECTIVELY BASED ON

FAIR

RULES AND PROCESSES

* CLOSELY MONITORING THE SITUATION "WITH SERIOUS CONCERN"

* WE URGE THE U.S. GOVERNMENT TO PROCEED WITH THE CFIUS

REVIEW

WITH RIGOR AND IMPARTIALITY

Source text

Further company coverage: