Asia

Japan to allocate US$140 million more to help fisheries after China’s import ban

TOKYO: Japanese Prime Minister Fumio Kishida said on Monday (Sep 4) that the government would allocate an additional 20.7 billion yen (US$141.41 million) to support the fisheries industry after China’s total import ban on Japanese aquatic products.

The ban followed the start of Japan’s release of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant last month.

The government had previously set up two funds worth 80 billion yen to help develop new markets and keep excess fish frozen until they can be sold when demand recovers, among other measures.

With the additional funding, from budget reserves, support would total 100.7 billion yen, Kishida said.

Source: CNA

Donate to Breeze of Joy Foundation

Global NewsX

Global NewsX is a news sharing website that offers a wide range of categories, from politics and business to entertainment and sports. With its easy-to-navigate interface, users can quickly find the news they are looking for and stay up-to-date on the latest global events. Whether you're interested in breaking news, in-depth analysis, or just want to stay informed, Global NewsX has got you covered.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Home
Videos
Back
Account