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Japan eyes startup visa program to lure foreign businesses

One-year visas to be granted nationwide

Two French nationals, at right, used the startup visa program to launch a business in Fukuoka.

TOKYO -- Japan seeks to lure foreign entrepreneurs with one-year startup visas, hoping to create competition for talent among localities to breathe new life into the economy.

The program, spearheaded by the trade and justice ministries, will take a pilot project national as early as fiscal 2018. It will be included in an economic package to be approved by the cabinet Friday. 

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