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Monthly Japanese Industry and Policy News December 2023

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

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Events

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13/05/2026
EU-Japan Centre for Industrial Cooperation Policy SeminarKey Developments in the Battery Sector and Opportunities for Japan-EU Cooperation—As Part of the Japan-EU Competitiveness Alliance…
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