Japan ruling LDP urges tighter curbs on land purchases in sensitive areas

A ruling party panel on Thursday presented Prime Minister Sanae Takaichi with proposals including a permit system for foreign and Japanese nationals seeking to acquire land near important facilities and on uninhabited border islands.According to a Liberal Democratic Party official, Takaichi responded by expressing her intention to submit, during the 69-day extraordinary Diet session starting Monday, a bill revising the important land survey act, which regulates the use of real estate in such areas.Speaking to reporters after the meeting with Takaichi at her office, Yoshitaka Shindo, who ove…READ FULL ARTICLE