China's Fukushima-linked seafood ban is unacceptable, Japan tells WTO. Top points
ASEAN Summit in Indonesia and G20 Summit in India this month, chief cabinet secretary Hirokazu Matsuno told reporters on Tuesday as reported by Reuters. 3. In another news, the Japanese PM Fumio Kishida also announced that a 20.7 billion yen ($141 million) emergency fund to help exporters hit by China's ban on Japanese seafood over the release of treated radioactive wastewater from the damaged Fukushima nuclear power plant.
This emergency fund is in addition to 80 billion yen ($547 million) that the government previously allocated to support fisheries and seafood processing and combat damage to the reputation of Japanese products. “We will protect the Japanese fisheries industry at all costs," Kishida said. He also asked people to help out by serving more seafood at dinner tables and other ways.
4. The money will be used to find new markets for Japanese seafood to replace China and fund government purchases of seafood for temporary freezing and storage. The government will also seek to expand domestic seafood consumption.
5. Officials stated that they intended to cultivate new export markets in Southeast Asian nations like Malaysia and Singapore, as well as Taiwan, the United States, Europe, and the Middle East. 6.
Chinese trade restrictions have affected Japanese seafood exporters since even before the release began, with shipments held up at Chinese customs for weeks. Prices of scallops, sea cucumbers and other seafood popular in China have plunged. The ban has affected prices and sales of seafood from places as far away from Fukushima as the northern island of Hokkaido, home to many scallop growers.
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