Japan to allocate $140 mln more to help fisheries after China's import ban

The Japanese government has allocated an additional 20.7 billion yen to support the fisheries industry after China's total import ban of Japanese aquatic products due to concerns over the release of treated radioactive water from the Fukushima Daiichi nuclear power plant.

reuters.com

Relevant topic timeline:

8/21/2023

China allocates another 500 mln yuan for relief in flood storage areas

China's finance ministry and water resources ministry have provided an additional 500 million yuan ($68.68 million) to aid flood-affected residents in restoring normal production in national flood storage areas.

8/24/2023

China's ban on Japanese seafood has more political than economic heft

China's ban on seafood imports from Japan, prompted by concerns over radioactive contamination from the Fukushima nuclear plant, is seen as a political gesture with minimal economic impact due to Japanese seafood exports making up less than 1% of Tokyo's global trade dominated by cars.

8/26/2023

Russia hopes to raise fish, seafood exports to China after Japan ban

Russia plans to increase its marine product exports to China following China's ban on Japanese seafood imports after concerns about radioactive water released from the Fukushima nuclear power plant, with Russia being one of China's largest seafood suppliers.

8/31/2023

Fukushima: Japan PM pledges to help fishing industry after China seafood ban

Japan's Prime Minister Fumio Kishida is planning to implement measures to support the fishing industry affected by China's ban on Japanese seafood, including additional funds from the government budget reserves, after visiting Tokyo's fish market.

8/31/2023

Row with China over Fukushima release could shave 0.2% off Japan GDP, Daiwa says

Japan's decision to release treated radioactive water from the Fukushima nuclear power plant could potentially lead to a 0.2% decrease in the country's real GDP, primarily due to the impact on inbound tourism from China and the ban imposed on Japanese seafood products by China and Hong Kong.

9/4/2023

Japan announces emergency relief measures for seafood exporters hit by China's ban

Japanese Prime Minister Fumio Kishida has announced a 20.7 billion yen ($141 million) emergency fund to aid exporters affected by China's ban on Japanese seafood following the release of treated radioactive wastewater from the damaged Fukushima nuclear power plant, with the fund aimed at finding new markets for Japanese seafood and expanding domestic consumption.

Topics

Posted 9/4/2023, 10:34:00 AM

Japan to allocate $140 mln more to help fisheries after China's import ban

reuters.com

Relevant topic timeline:

8/21/2023

China allocates another 500 mln yuan for relief in flood storage areas

8/24/2023

China's ban on Japanese seafood has more political than economic heft

8/26/2023

Russia hopes to raise fish, seafood exports to China after Japan ban

8/31/2023

Fukushima: Japan PM pledges to help fishing industry after China seafood ban

8/31/2023

Row with China over Fukushima release could shave 0.2% off Japan GDP, Daiwa says

9/4/2023

Japan announces emergency relief measures for seafood exporters hit by China's ban