How Japan Defines Economic Security

The road to Japan’s Economic Security Promotion Bill Looking back at the evolution of the economic security debate, since the establishment of the National Security Secretariat in the Cabinet of Japanese Government in January 2014, the issues of land acquisition by foreigners, technol- ogy transfer through investment and acquisition of Japanese companies by foreign capital, and technology outflow. [...] Regarding to the discussion on the issues of land acquisition by foreigners, the Act on the Review and Regulation of the Use of Real Estate Surrounding Import- ant Facilities and on Remote Territorial Islands was passed by a Diet and enacted in June 2021. [...] Under the Act, the Prime Minister designates Monitored Areas, the land and surrounding areas of 1) defense facilities, nuclear facilities, and other facilities of national security importance, and 2) remote border islands, conducts 6 Jun Osawa a review of the use of real estate in monitored areas, and prohibits the use of real estate of national security concern. [...] A document released by the Cabinet Secretariat explains the purpose of the bill as the establishment of a basic policy and system to comprehensively and effectively promote economic measures to ensure security in light of the increasingly complex international situation. [...] In the field 8 Jun Osawa of cyber security, the second pillar of the Economic and Security Promotion Act aims to ensure safety and reliability related to the maintenance of Japan’s core infrastructure with attention to cyber security.