As noted in our previous blog post, the Ministry of Economy, Trade, and Industry (METI) is expected to promulgate regulations requiring companies to report technology transfers in fields where Japan has an advantage that other countries are interested in matching to METI in advance. The Ministry’s Subcommittee on Security Trade Control under the Division on Commerce and Trade of the Industrial Structure Council issued an interim report on March 24 outlining the specifics of the…
Recently, there have been moves to expand restrictions on companies transferring advanced technology abroad. In connection with this trend, the Ministry of Economy, Trade and Industry (“METI”) is expected to promulgate regulations requiring companies to report technology transfers to it in advance in areas where Japan has an advantage that other countries are interested in matching. The purpose of this regulation is to prevent the military utilization or leakage of advanced Japanese technology. The Japanese…
Introduction During September 2023, the US, UK, and EU, and Japan, updated their Common High Priority Items Lists (“the List(s)”), with seven new Harmonized System (“HS”) codes. These coordinated Lists are composed of items identified as critical to Russia’s war effort, weapons systems and military development. The Lists highlight to businesses that there is a particularly high risk these sanctioned items may be the target of sanctions circumvention and possible diversion to Russia. Companies can…
On May 23, 2023, Japanese government announced an amendment of the export control regulations on the additional semiconductor related items, which will go into effect on July 23, 2023. The overview of the amendment of the Products and Technologies Specifications Ministry Order (“Ministry Order”), to which specific products and technologies were added to the controlled items, is as follows: From the international peace keeping and security point of view, items related with advanced semiconductor manufacturing…