Domestic demand drop: Japan updates aquaculture strategy to focus on expanding exports and productivity foodnavigator-asia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foodnavigator-asia.com Daily Mail and Mail on Sunday newspapers.
Japan will need to place more focus on processed value-added foods and supply chain development beyond agricultural products if it wishes to hit its food exports target of JPY5tn (US$45.9bn) by 2030.
Japan announced ambitions to expand its food and agricultural product exports to JPY5tn by 2030 late last year, with mainly agricultural products such as wagyu beef and rice in the spotlight as key export items – but government ministers have now voiced doubts that depending on agricultural products as a key strategy is sufficient to hit this goal.
In a recent Shugiin (Japan’s House of Representatives, the lower house of the National Diet or legislature of Japan), Vice Minister for Foreign Affairs Norikazu Suzuki highlighted that of total Japanese exports in 2019 valued at JPY921.1bn (US$8.5bn), some JPY327.1bn (US$3bn) of this was from processed foods.
Challenges in boosting Japan s agricultural exports newsonjapan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsonjapan.com Daily Mail and Mail on Sunday newspapers.
Photo by Noam Galai/Getty Images
New business consultation program looks to help street vendors thrive
New York City’s street food vendors could get another boost thanks to a new business expansion project announced by the Urban Justice Center’s Street Vendor Project (SVP), one of the leading advocacy groups for tens of thousands of vendors in the city. SVP’s Small Business Consultation Program launched this past week, and it’s meant to help members of the group grow their businesses in the coming years.
SVP plans to roll out the program in three phases this year. The first part includes: helping vendors with business compliance as they navigate various rules and learn how to obtain a sales tax ID. Members will also have a chance to learn how to set up online payment accounts like Venmo or Zelle and ways to develop a social media presence on Instagram, Facebook, and other platforms. Open to the more than 2,400 street vendors that make up the Street Vendor Project the SVP