Rare Earths
Japan urges China to lift dual-use goods export ban over Taiwan remarks
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China's commerce ministry announced on January 7 an immediate ban on exports of dual-use goods to Japan. Japan's foreign ministry protested the move as 'extremely regrettable' and demanded its withdrawal. The measure appears to be retaliation for remarks on Taiwan by Japanese Prime Minister Sanae Takaichi.
Two Japanese nationals have been detained in China on allegations of smuggling rare-earth related products that are subject to export restrictions.
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Deputy Arnaldo Jardim (Cidadania-SP) presented the report for the new Critical Minerals Framework, proposing a public fund of up to R$ 5 billion to finance mineral projects. The text creates a council to oversee exports and international agreements. Voting is scheduled for Tuesday or Wednesday.
Building on plans for next week's G7 finance ministers' meeting, Japan is pursuing broader diplomatic outreach. Finance Minister Satsuki Katayama heads to the US starting Sunday for critical minerals talks, Defense Minister Shinjiro Koizumi meets his US counterpart Thursday, and Prime Minister Sanae Takaichi will summit with South Korea's Lee Jae-myung next week.
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Japan's government is hosting the inaugural Tokyo Economic Security Forum on December 15 in Tokyo. Amid global uncertainties from the US-China trade war and high tariffs under the Trump administration, experts from around the world will discuss securing strategic materials and protecting supply chains. The importance of public-private collaboration is highlighted.