Japan launches food export initiative with Thailand

Japan has almost non-existent food self-sufficiency, yet they are thinking to export foods as Japanese people are being devastated by the weak Yen to buy foods and necessities.

Does the LDP want to turn Japan into golden days of being a poor country with no resources and a worthless currency?

while at the same time imposing 778% import tax on Thai rice.

Looking at the prices of the products they want to export and the prices in Thailand it is difficult to see how this could be successful. Even if the quality is good if the products are to be considered expensive luxuries it will not matter how much the Japanese government pushes the exports, there will be only very limited market for them.

Spitfire..

while at the same time imposing 778% import tax on Thai rice.

I remember back in 1991 when Japan was suffering from a rice shortage that a politician stated that Japanese would die if they ate Thai rice as their stomachs would be unable to digest "foreign" rice.

Looking at the prices of the products they want to export and the prices in Thailand it is difficult to see how this could be successful. Even if the quality is good if the products are to be considered expensive luxuries it will not matter how much the Japanese government pushes the exports, there will be only very limited market for them.

And it's highly unprofitable as well. Even the American agricultural industry, which is enormous in export volume, still struggles with profitability.

I suspect more of the corrupt LDP elites using the ODA, foreign trade deals, and foreign development schemes to offshore their assets and Japanese taxpayers' money elsewhere.

Smart strategy. Japan will be targeting wealthy Thais and others in the region, many of whom having visited Japan now have a taste for Japanese produce.

Only a small proportion of Thais can afford to buy 300 baht apples or 2000 baht mangoes.

Domestic food in Japan is so overpriced that most Japanese cannot afford it either.