• Kyodo

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The Kansai Economic Federation will study the establishment of a fund to help the reconstruction efforts of businesses hit hard by the March 11 earthquake and tsunami in the Tohoku region, a senior member said.

Keiichi Ando, 60, who heads a committee of the federation tasked with working out steps to aid the postdisaster recovery, said the business lobby will urge area firms to invest in the fund, which would generate dividends if the reconstruction efforts succeed.

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