Japan aims to expand exports of farm and marine products 10-fold to the tune of ¥5 trillion a year by 2030, a draft of the government’s revamped growth strategy showed Saturday.
The strategy, to be unveiled later this month, will seek concerted efforts nationwide to promote the exports collectively as “Japan Brand,” the draft said.
The government earlier set a goal of doubling those exports to ¥1 trillion by 2020.
In a related move, the three northeastern prefectures of Iwate, Miyagi and Fukushima, which took heavy damage from the March 2011 mega-quake and tsunami, plan to cooperate with each other in promoting farm and marine exports to offset their slow recoveries, sources close to the matter said Saturday.
The revamped growth strategy, known as the “third arrow” of Prime Minister Shinzo Abe’s deflation-fighting “Abenomics” policy based on radical monetary easing and heavy fiscal spending, will aim to improve the image of Japanese food, or “washoku,” to build on the boost it got last year from being registered on UNESCO’s Intangible Cultural Heritage list, the draft said.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.