Author

Junko Suetomi

Browsing

On May 4, 2020, US Secretary of Commerce Wilbur Ross announced that he was initiating an investigation into whether laminations for stacked cores for incorporation into transformers, stacked and wound cores for incorporation into transformers, electrical transformers and transformer regulators are being imported into the United States in quantities or under circumstances that threaten national security. The decision to launch an investigation under Section 232 of the Trade Expansion Act of 1962, as amended, follows…

METI (the Ministry of Economy, Trade and Industry) has announced the Cabinet’s Approval of the Removal of the Republic of Korea from the “White Countries” List on 2 August 2019. Republic of Korea no longer white-listed METI announced on 1 July 2019 that it had initiated the process of revising the so-called “White Countries” list in Appendix 3 of the Export Trade Control Order to remove the Republic of Korea and that it would be…

METI (the Ministry of Economy, Trade and Industry) announced two amendments to the export control regulations on 1 July 2019. 1. Bulk license applicability: individual export licenses now required for certain items and related technologies METI announced partial amendments to four guidelines related to the implementation of export control regulations, including the Export Trade Control Order. Starting on 4 July 2019, Japanese exporters will be required to apply for individual export licenses to export Hydrogen…

The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) is moving forward and has gained momentum recently as Japan, Singapore and Mexico havCPTPP, TPP, Trans-Pacific Partnership, Japan, Australia, Singapore, Mexio, rules of origin, business opportunity, duty, free trade agreemente ratified the 11-party agreement and Australia’s ratification is imminent because the deal recently passed both Houses of Parliament.  Canada is closing in on ratification as well.

It seems apparent that even after the US withdrawal from the deal in January 2018, the agreement will enter into force by the end of 2018 or beginning of 2019. And although there are already a number of FTAs in place among certain members of the CPTPP, this Mega-FTA, unprecedented in scale, is expected to have influence not only among the members, but also will impact globalization and potentially leave non-members behind.