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The EU-Japan Centre’s office in Tokyo is regularly publishing "Industry and Policy News”. By screening various Japanese language sources of potential interest, including newly released policy documents, surveys, and official statements, this newsletter aims to provide information in the context of EU-Japan industrial cooperation. The topics of the March 2024 issue are as follows.

The Centre is also publishing on a weekly basis. The weekly releases are available on the following website with a new issue every Friday https://www.eu-japan.eu/news.                                                                                                    

This news was compiled by “Weekly Japanese Industry and Policy News”.

Monthly Japanese Industry and Policy News 
March (March 1 – March 28) 2024

This was compiled by “Weekly Japanese Industrial and Policy News”.

Legislation and Policy News
-    Offshore wind power generation expands into EEZ
-    Japan, the US, South Korea and Australia will contribute $33 million to IPEF's decarbonization fund
-    Bank of Japan cancels negative interest rate
-    747 organizations participate in GX League
-    Next-generation fighter jets can now be exported to third countries
-    Digital Agency will formulate data distribution guidelines this fall
-    A council on nuclear fusion with 50 companies launches 

Survey and Business Data
-    Global PC demand will increase by 0.4% in 2024, recovering due to replacement demand

Company & Organization News
-    Toshiba signs contract with Belgian company for hydrogen production equipment technology
-    Murata Manufacturing reduces fossil fuel consumption by up to 53% during exhaust gas treatment
-    JOGMEC signs joint copper exploration agreement in Ecuador
-    Mitsubishi Corporation develops lithium mine in North America, moves away from China through local refining
-    JAPEX creates new businesses such as CCS/CCUS and blue hydrogen in Canada
-    Itochu and Softbank invest in U.S. nuclear fusion power generation startup
-    Google establishes cyber defense base in Tokyo, first in Asia Pacific
-    Idemitsu Kosan invests in Australian company producing SAF
-    Sumitomo Mitsui FL and TES enter storage battery recycling business with pole companies
-    Private small rocket explodes and launch failure
-    Mitsui E&S succeeds in hydrogen combustion operation for the first time in the world in a large marine engine
-    Hitachi Zosen tests methanation in Oman
-    PET bottle recycling factory by France's Veolia and others begins operation
-    Mitsui O.S.K. Lines, Idemitsu Kosan, and HIF jointly develop synthetic fuel/synthetic methanol supply chain
-    Eight Gas companies including Tokyo Gas and Osaka Gas establish international organization to promote synthetic methane
-    Sakana AI evolves through new methods and “combination” of multiple technologies
-    JERA considers purchasing ammonia from Exxon
-    NEC and Skyloom collaborate to develop 100Gbps space optical communication technology
-    JX Nippon Oil & Gas Exploration Corporation collaborates with Chevron subsidiary on CCS

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