Top > Today's New Topics

Today's New Topics (September 4, 2007)

Press Releases

Revision of inward investment regulations under the Foreign Exchange and Foreign Trade Law

METI will revise the inward investment regulations under the Foreign Exchange and Foreign Trade Law with respect to those businesses subject to advance notification and the transactions subject to control, in light of the recent expansion of international investment activities and changes in the national security environment, such as the proliferation of weapons of mass destruction and increases in the number of cases involving the diversion of cutting-edge commercial technologies to military use.

Cabinet Ordinance to Define the Implementation Date of the Law to Amend the Specified Radioactive Waste Final Disposal Act and Cabinet Ordinance to Amend the Enforcement Order for the Specified Radioactive Waste Final Disposal Act

The Cabinet approved a Cabinet Ordinance to designate April 1, 2008 as the effective date of the Law to Amend the Specified Radioactive Waste Final Disposal Act (Law No. 84 of 2007), which was promulgated on June 2007. In conjunction with this, the Cabinet also approved a Cabinet Ordinance to stipulate the definition of Class II Specified Radioactive Waste (those materials contaminated with spent fuel etc., that demonstrate relatively high levels of radioactive concentration and are therefore subject to final disposal).

Companies to support the campaign to reduce CO2 emissions by 1kg per day per person

Following the announcement of Prime Minister Abe's initiative called "Cool Earth 50" in which he proposed to reduce green house gases with the motto of " 1 person, 1 day, 1kg of CO2 emissions reduction," the Team -6% Committee set up a special website called "Go for it! Let's reduce CO2 emissions by 1kg per day per person" on its homepage to encourage people to submit a declaration of challenge. METI also began a campaign to support this effort with an eye to encouraging a wide response for the effort. In response to our call for support to campaign, three new companies offered sponsorship. We look forward to hearing from companies that wish to support the campaign.

Release of the Guidelines on Increasing Corporate Value and Ensuring Regulatory Compliance in the Context of MBOs

METI compiled and released the Guidelines on Increasing Corporate Value and Ensuring Regulatory Compliance in the Context of Management Buyouts (MBOs).