Japan’s METI announces plans to revise Foreign Exchange Order and Export Trade Control Order

Japan’s Ministry of Economy, Trade and Industry (‘METI’) has announced plans to partially revise its Foreign Exchange Order and Export Trade Control Order, which control the export of goods and technologies (6 November). The orders incorporate international agreements over arms control and the prevention of the proliferation of weapons of mass destruction (‘WMD’).

The contents of the ‘regulatory list’ will be revised so that ‘the government of Japan can ensure domestic implementation of the agreements and other rules concluded at the meetings of the International Export Control Regimes…’

The revisions also include the removal of some blood products from the regulatory list ‘because their removal will not affect stable supply and therefore do not need to be regulated.’

For more information see:
http://www.meti.go.jp/english/press/2018/1106_001.html