Other issues

III. Other issues

(1) The Ministry of Fiance immediately will make a public announcement of the changes in its policies as provided for in section I.

(2) If an insurance provider has submitted documents to the Ministry of Finance related to insurance products or rates, which the insurance provider considers to be an application, the insurance provider may make a request to the Ministry of Finance to determine its status. The Ministry of Finance will respond without undue delay to such requests and indicate whether it considers the documents to constitute a formal application.

(3) The Ministry of Finance recognizes the concerns raised by the Government of the United States that a substantial increase in the Ministry of Finance staff dedicated to the processing of applications for insurance products and rates is necessary to achieve broad primary sector deregulation, and will take immediate steps to increase the number of staff in charge of processing applications.