FY2006 Japan-EU Regulatory Reform Dialogue Tokyo Meeting

November 16, 2006

  1. The Ministry of Foreign Affairs will hold a FY2006 Japan-EU (European Union) Regulatory Reform Dialogue Tokyo Meeting on December 1 (Fri) in Tokyo (at Foreign Ministry).
  2. The Meeting will be co-chaired by Mr. Kaoru Ishikawa, Director General, Economic Affairs Bureau, Foreign Ministry, who leads the Japanese delegation consisted of officials from ministries and agencies concerned, and by Mr. Karel Kovanda, Deputy Director General, External Relations Directorate General, European Commission, who leads the EU delegation consisted of representatives of the related departments of the Commission.
  3. The meeting will discuss regulations in Japan and the EU, with a view to improving the business environment including investment promotion so that Japan and the EU will enjoy strengthened economic ties.
  4. This will be the 13th dialogue since it started in 1994. At the Tokyo Meeting in 2006, there will be discussion on EU Proposals for Regulatory Reform in Japan in such fields as investment, government procurement, financial services, transport, healthcare and cosmetics, food safety and agricultural products. The meeting will also discuss Japan's proposals to the EU such as International Accounting Standards (IAS/IFRS) and the EU's new chemical regulation (REACH). At the Brussels Meeting to be held around March 2007, discussions will be centered on Japan's Proposals for Regulatory Reform in EU.

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