Japan considers official security clearance system.

The government aims to set up an official clearance system for accessing classified information related to economic security as it seeks to strengthen cooperation with allies including the U.S. and help private businesses win contracts abroad.

Economic Security Minister Sanae Takaichi said she wants to submit a security clearance bill by next year's parliamentary session at the latest. Without a law in place, Japanese companies risk missing out on highly sensitive contracts including those with overseas allies in areas like cutting-edge...