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Taskforce on economic security to be launched in Cabinet Office 

Sunday’s Yomiuri gave top coverage to the Kishida administration’s plan to establish a new section in the Cabinet Office charged with overseeing government-wide efforts to ensure economic security. The “office of economic security” will ask commercial firms to submit their plans for securing supplies of strategic materials with the goal of building resilient supply chains. It will also review foreign-made equipment and systems employed by utilities and telecommunication firms to identify vulnerabilities to ensure that the nation’s basic social and economic infrastructures are safe and secure. The taskforce will also be responsible for supporting corporate R&D of artificial intelligence and quantum computing as well as screening patents connected to sensitive defense equipment. 

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