Japan PM pledges to help fishing industry after China seafood ban over Fukushima treated water

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Japan will tap additional funds to help the fisheries industry. Read more at straitstimes.com.

TOKYO - Japan’s Prime Minister Fumio Kishida said on Thursday he would compile measures to help the fishing industry hit byThe government will tap additional funds of about several tens of billions of yen from the government’s budget reserves for the current fiscal year to fund the measures, the Nikkei reported on Thursday.

Tokyo’s government has set up two funds worth 80 billion yen to help develop new sales channels and keep excess fish frozen until they can be sold when demand recovers, among other measures. Officials have previously denied the possibility of additional fiscal measures for the industry.

 

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