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Japan allocates extra funds to fisheries after China’s import ban

TOKYO, Japan: This week, Japanese Prime Minister Fumio Kishida mentioned an extra 20.7 billion yen (US$141.41 million) shall be allotted to assist fisheries after China’s full ban on importing Japanese aquatic merchandise.

Beijing imposed the ban in response to Japan’s determination final month to launch handled radioactive water from the Fukushima Daiichi nuclear energy plant.

Two funds value 80 billion yen had been already set as much as assist create new markets and preserve extra fish frozen till they are often bought when demand returns to regular.

Kishida mentioned that the extra funding, drawn from funds reserves, will elevate the full assist to 100.7 billion yen.