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[Ministry of Economy, Trade and Industry] [Thursday, Nov 6, 2014]

JOGMEC and U.S. NETL Signed a MOU concerning Japan-U.S. Collaboration on Methane Hydrate

On November 6, 2014, JOGMEC and the NETL concluded the MOU concerning Japan-U.S. collaboration on methane hydrate. The signing was conducted in the presence of METI Minister Miyazawa and Ambassador Kennedy at the site of the LNG Producer-Consumer Conference 2014.

Both sides agreed to the MOU based on the Statement of Intent concerning methane hydrate development, which was concluded between the governments of Japan and the U.S. in 2008. Based on the MOU, JOGMEC and NTL will conduct joint research towards the realization of methane hydrate onshore production testing in Alaska, the U.S.

Outline of the joint research
Scheduled site of the research: Northern part of Alaska, the U.S. (North Slope)
Details of the research:

Geological survey, including experimental drilling, and efforts for coordinating local people’s opinions
Production test, based on the results of the survey

Duration of validity of the MOU: About 5 years
Reference

Documents concluded between METI and DOE concerning methane hydrate development
2008: METI and DOE concluded the Statement of Intent concerning methane hydrate.
2013: METI and DOE concluded a joint statement concerning Japan-U.S. energy
cooperation, including methane hydrate.
Release date

November 6, 2014
Division in charge

Petroleum and Natural Gas Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy

[Ministry of Economy, Trade and Industry] [Tuesday, Nov 4, 2014]

Joint Statement of the Fourth Asia Content Business Summit was Issued

On October 21 and 22, 2014, the Ministry of Economy, Trade and Industry (METI) held the Asia Content Business Summit (ACBS) in Tokyo for the first time in three years.

In the summit, an open seminar on October 21 was held as well as closed dialogue on October 22 based on the results of discussions at the seminar the previous day with related people from the governments and organizations attending. As an achievement of the summit, participating countries agreed with a joint statement concerning the cooperation and collaboration among them to foster the content industry in the Asian region.

1. Outline of the joint statement

In order to further foster and develop the content industry in the Asian region, the member countries agreed with the initiatives for the future industry, concerning the issues focused on in discussions at the summit.

Note: The Fourth ACBS participating economies: Hong Kong, Japan, the ROK, Malaysia, the Philippines, Singapore, and Thailand (in alphabetical order).

They agreed to engage in various initiatives including the following:

To recognize the importance of cross-border content distribution and aim to alleviate regulations that can prevent promotions of content distribution;
To work together to fight against pervasive piracy; and
To examine ways of promoting international cooperation such as international co-productions.

Reference: Outline of the Fourth ACBS

On October 21, the open seminar consisting of various sessions was held, with about 40 people from governments and government-related organizations in the Asian region and the media content industry representing the region and 150 or more public participants attending. Participants made keen discussions concerning the cooperation, aiming toward the promotion of the media content industry in the region.

On October 22, the closed dialogue between government-related people was held. Participants discussed specific initiatives to be tackled for the future industry based on the achievements in the open seminar, and agreed with the joint statement.

Appendix

Joint Statement of the 4th Asia Content Business Summit(PDF:133KB) PDF File
Achievement of the open sessions on Oct. 21(PDF:214KB) PDF File

Release Date

November 4, 2014

Division in Charge

Media and Content Industry Division, Commerce and Information Policy Bureau

[Japan International Cooperation Agency] [Thursday, Nov 6, 2014]

JICA Launches First Japanese Government Guaranteed Euro-Dollar Bonds

Japan International Cooperation Agency (JICA; President: Akihiko Tanaka) launched its Euro-Dollar bonds guaranteed by the Government of Japan on November 5, 2014 (London time).