The Japanese government aims to set up an official clearance system for accessing classified information related to economic security as it seeks to strengthen cooperation with its allies including the US and help private businesses win contracts abroad.
Economic Security Minister Sanae Takaichi said she wants to submit a security clearance bill by next year’s parliamentary session at the latest. Without a law in place, Japanese companies risk missing out on highly sensitive contracts including those with Japan’s overseas allies in areas like cutting-edge chip technology and cyber security.
