TOKYO -- Japan's cabinet on Tuesday backed the creation of a new security clearance system for people who handle confidential information related to economic security, moving the country in line with international standards and easing cross-border cooperation in critical fields like advanced chips.
"The purpose is to strengthen information security and expand international business opportunities for Japanese companies," Economic Security Minister Sanae Takaichi said at a press conference. The government and ruling parties aim to pass related legislation in the current session of the Diet.
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