Monthly Japanese Industry and Policy News December 2023 by EU-JAPAN CENTRE for Industrial Cooperation
Topics covered on the December 2023 issue:
・This was compiled by “Weekly Japanese Industrial and Policy News”.
Legislation and Policy News
– G7 Digital and Technology Ministers Meeting held
– Japan receives criticism outside COP28
– Japan-France summit meeting announces new roadmap
– US Nvidia to establish research base in Japan
– METI revised list of foreign users with concerns about developing weapons of mass destruction
– Japanese and Norwegian leaders confirm cooperation on decarbonization
– MOE Minister announced support package for Asia at COP28
– Following the next fighter jet, Japan and Italy cooperate on semiconductors and AI
– Japan-ASEAN Special Summit Meeting agrees on promoting security cooperation, including maritime issues
– Japan, UK and Italy sign treaty with fighter jets
– Government’s GX Implementation Council supports JP¥ 13 trillion to 16 fields including hydrogen
– Asian Zero Emission Community (AZEC) Summit held
– WTO releases co-chairman’s statement on e-commerce negotiations
– METI compiles sector-specific investment strategies to realize green transformation
– Government revises rules to increase exports of defense equipment
– Flying base stations (HAPS) will be put into practical use in 2025
– Japan and Saudi Arabia agree to jointly invest in important minerals
Survey and Business Data
– India ranks first as a promising destination for Japanese manufacturers for the second consecutive year
– Global digital industry market hits record high in 2024 due to spread of generative AI
Company & Organization News
– Sekisui Chemical enters into business partnership with Circularise, a Dutch resource circulation traceability system company
– Idemitsu Kosan procures synthetic methanol from Chile’s HIF Group
– Softbank acquires Irish company for ￥5 billion
– Mitsubishi Heavy Industries and UAE’s ADNOC reach agreement to build blue ammonia and blue hydrogen value chain
– Marubeni to produce green ammonia in Oman, 1 million tons in 2029
– Itochu and Osaka Gas invest in world’s leading hydrogen company
– Toyota accelerates realization of circular economy
– Rakuten’s mobile infrastructure is in operation in Germany
– JCI makes recommendations to the government regarding carbon pricing
– Itochu participates in South Africa’s Hive’s green ammonia production business
– Singaporean company invests in Japan with large storage batteries
– Hydropower development in Mozambique with French company, Sumitomo Corporation
– Nippon Steel acquires US Steel for $14.1 billion
– “Setouchi-Shikoku CO2 Hub Concept” launched – Five companies including Sumitomo Corporation and Australian companies collaborate
– IHI begins hydrogen production experiment using natural gas pyrolysis
EJEA 