• Kyodo

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The administration of Prime Minister Yoshihiko Noda has proposed a purchase price of around ¥2 billion to the owner of some of the disputed Senkaku Islands, sources said Tuesday.

However, they said the owner has no intention of accepting the offer as he is eager to move forward in negotiations with Tokyo Gov. Shintaro Ishihara, who wants the metropolitan government to buy the uninhabited islets claimed by China and Taiwan.

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