Amendment of FEFTL approved in the Diet

As of today April 21, 2009, the amendment of FEFTL (Foreign Exchange and Foreign Trade Law) was officially approved in the Diet in Japan. After the approval, the implementation is ruled as within one year.

This amendment of FEFTL is to impose more strict export controls on technology transfers and increases penalties for export control violations.
(Summary of change is to refer my blog in March 2. http://japantradecompliance.blogspot.com/2009/03/japan-feftl-amendment.html )

The amendment of FEFTL have been since 1987, namely 22 years interval.

(Source: CISTEC web site: http://www.cistec.or.jp/service/gaitame_kaisei.html )