Wagyu, strawberries and sake: Japan makes new farm export drive

Funds will be allowed to invest in a wider range of agricultural businesses

20201230N Strawberry greenhouse

Japan has set export goals and target markets for 27 key agricultural products, including strawberries. © Reuters

YUKI FUJITA, Nikkei staff writer

TOKYO -- Japan aims to give a boost to its effort to quintuple farm exports over the next 10 years by expanding the range of agricultural operations funds can invest in.

Currently, special agricultural funds are only allowed to invest in Japanese agribusinesses. The scope will be expanded to include fishing, food processing, forestry and logistics industries under a bill to be introduced to the ordinary session of the Diet that begins January.

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