EBC Newsletter – October 13, 2022

• Prime Minister Fumio Kishida and relevant Cabinet ministers will exchange views with auto industry officials as early as next month on promoting the decarbonization of automobiles through synthetic fuels and other means. Kishida told reporters about the plan after watching the final race of the Formula 1 Honda Japanese Grand Prix 2022 at the Suzuka Circuit in Suzuka, Mie Prefecture, on Sunday. (The Japan News)
• A Japan-led offset credit trading framework to reduce greenhouse gas emissions will be launched at the 27th Conference of the Parties to the U.N. Framework Convention on Climate Change (COP27) in Egypt next month.
  More than 30 countries and international organizations are expected to participate in the framework. (The Japan News)
• Japan removed on Tuesday its cap on daily arrivals and its ban on individual, non-prearranged trips as it seeks to revive the country’s struggling inbound tourism sector by easing its COVID-19 border controls.
  In addition to lifting the 50,000-person entry cap and ending the requirement that tourists travel on package tours, Japan will no longer require visitors to obtain a visa if they are citizens of one of 68 countries and regions with which Japan had a waiver agreement before the pandemic. (The Mainichi)

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