Japan’s government is hoping to buy the private Senkaku Islands to bolster the country’s claim to ownership in the face of increasing Chinese counter-claims.
The central Japanese government has been leasing four of the five islands from the Kurihara family for many years. Landings are by government permission only and rarely granted, Kyodo News Agency reported.
But the government is looking pay about $25.4 million to the Kurihara family, which owns four of the five islands at the center of Japan’s diplomatic row with China, Kyodo said.
The government wishes to head off a bid by the Metropolitan Government of Tokyo’s right-of-center leader Shintaro Ishihara, who would incorporate the islands into the city administration. He began making purchase overtures to the Kurihara family in April, Kyodo said.
Read the rest of the story: Japan looks to buy disputed Senkakus.