Global Trade Alert
Global Trade Alert

Japan: Government announces JPY 13 billion in financial grants to Shin-Etsu Chemical Co Ltd and its subsidiaries to support the production of permanent magnets

Announcement

09 Apr 2024

In April 2024, the government of Japan announced approximately JPY 13 billion (USD 85.68 million) in financial grants to Shin-Etsu Chemical Co Ltd and its subsidiaries to support the production of permanent magnets.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Apr 2024

Revocation date:

No revocation date

Updated: 09 Apr 2024
Financial assistance in foreign market In force

On 9 April 2024, the government of Japan announced approximately JPY 13 billion (USD 85.68 million) in support of the permanent magnets supply security plan of the Japanese company Shin-Etsu Chemic...

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Updated: 09 Apr 2024
Financial grant In force

On 9 April 2024, the government of Japan announced approximately JPY 13 billion (USD 85.68 million) in support of the permanent magnets supply security plan of the Japanese company Shin-Etsu Chemic...

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