Screening foreign investments for technology leaks and economic risks will now come under the purview of the newly formed Japan Foreign Investment Committee (JFIC), co-chaired by finance and national security officials and meeting monthly, according to TV Asahi.
In her address to the committee, Prime Minister Takaichi stressed that coordinated reviews across ministries will boost government capacity while balancing investment promotion with security, the news broadcast said.
The panel targets specific industries where foreign stakes could compromise critical technologies, the report added.
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