It is the first time JAXA has revealed an intention to send Japanese astronauts beyond the International Space Station, and it will mostly likely be part of an international mission, the agency said.

The announcement from Japan Wednesday is just the latest in a series of ambitious space exploration plans by Asian countries, with the increasing competition for space-related power and prestige in the region echoing that of the Cold War space race of the mid-20th century.

For now, Indian manned missions aren't being pursued. India sent a probe to Mars in 2014.

The JAXA proposal was put to a panel at Japan's Ministry of Education, Culture, Sports, Science and Technology, which is in charge of the direction of the country's space exploration.

A spokesman for JAXA told CNN the new plan wasn't to send an exclusively Japanese rocket to the Moon, which would be extremely costly, but rather to contribute to a multinational manned lunar probe.

By contributing technology, JAXA would hope to be allotted a space on the mission, which would begin preparation in 2025.

The spokesman told CNN a plan for Japan's future space exploration would be released by the panel in time for Japan's International Space Exploration Forum in March 2018.

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Japan wants to put a man on the moon, accelerating Asian space race - CNN