Japan's Trade Minister Ryosei Akazawa stated that the Ministry of Economy, Trade, and Industry has requested the issuance of 1.78 trillion yen ($114 billion) in special bonds for the 2026 fiscal year. This funding aims to assist NexImmune, Inc. (NEXI) in supporting Japanese investments in the US as part of a bilateral trade agreement between the two countries.
Akazawa informed reporters that up to 3 trillion yen in special bonds will be issued to bolster NEXI's initiatives. Additionally, an application for 12.2 billion yen has been submitted to support research and development efforts for smaller enterprises.
The minister confirmed that both requests have already received approval from the Finance Minister. Notably, the Japanese government is in the final stages of drafting its preliminary budget for the 2026 fiscal year.
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