Connect with us

News

Japanese Govt Aims to Allocate Additional 20 Billion Yen to Support the Country’s Fishermen

Published

Japan Fishermen Ft
Source: The Guardian

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Recently, Japan’s release of the Fukushima radioactive water to the Pacific Ocean has received strong opposition from its neighbouring countries like China and South Korea. China imposed a seafood ban on Japanese seafood, while thousands took to the streets of Seoul to protest against Japan’s release of the treated radioactive water.

To support fishermen and fisheries after China’s seafood ban, the Japanese government aims to allocate an additional 20 billion yen (US$136.8 million) of aid, as reported by Japanese media.

According to the report, the new measures will aim to mitigate the damage from the ban, mainly the purchase and storage of scallops, the fishery of which is particularly dependent on exports to China.

Besides, the Japanese government will re-equip domestic processing plants and instruct the Japan External Trade Organisation to find new markets.

Prior to the water release, the government announced measures to support the fishing industry in the event of reputational damage worth 80 billion yen.

As reported by Reuters, Japan exported about US$600 million worth of aquatic products to China in 2022, making it the biggest market for Japanese exports, with Hong Kong second. Sales to China and Hong Kong accounted for 42% of all Japanese aquatic exports in 2022, according to government data.

 

Also Read: China’s Govt Recognises Zoo Negara as One of The Best Giant Panda Caregivers

Ft Panda

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Hotelft Hotelft
News5 minutes ago

Owner of “Gay‑Friendly” Hotel in Melaka Apologises, Says Promotional Material Was an Oversight

The owner of what had been described as a “gay-friendly” hotel in Melaka has expressed regret and conceded that lapses...

Nadiaft Nadiaft
News37 minutes ago

Missing Actress Nadia Kesuma Confirmed to Have Left Jeddah Airport, Says Foreign Minister

Actress Nadia Kesuma, who was reported missing on 15 January, has been confirmed to have left Jeddah Airport in Saudi...

Collage 60 Collage 60
News3 hours ago

Malaysian Car Wash Owner Shot Dead by Masked Rider Outside His Store in Kedah

A Malaysian car wash owner was fatally shot multiple times outside his premises last night (16 January). The incident occurred...

Collage 57 Collage 57
News7 hours ago

Missing Malaysian Actress in Jeddah: Luggage Found at Airport, Husband Clarifies “I Met Strangers” Text

Malaysian actress Nadia Kesuma reportedly disappeared after landing at Jeddah Airport in Saudi Arabia on Thursday (15 January). Her hand-carry...

Collage 56 Collage 56
News8 hours ago

After Teresa Kok, Berita Harian Lodges Police Report Over Fake ‘Halal Pork’ Headline

Local news outlet Berita Harian filed a police report after an article headline was altered to falsely attribute a statement...

Zulft Zulft
News10 hours ago

Government Declares Support for Selangor Sultan’s Firm Stance on LGBTQ Activities After Royal Decree Issued

The government has expressed full support for Sultan Selangor Sultan Sharafuddin Idris Shah’s decree opposing the organisation of any lesbian,...

Dd Ft 31 Dd Ft 31
News1 day ago

HELP University Blast: PERKESO Disburses Aid to 2 Victims, Probes Employers of 3 Unregistered Workers

An explosion at HELP University in Bukit Damansara, Kuala Lumpur, on Monday (12 January) rocked the nation, claiming the life...

Dd Ft 30 Dd Ft 30
News1 day ago

RM2 Million Heist: CCTV Shows Masked Trio Breaking into Ulu Klang Home & Dragging Away 100kg Safe

Shocking CCTV footage has been circulating online, showing a group of masked men breaking into a home and stealing a...

Announcement

Latest Videos



TRENDING TODAY