Japan: Japan Revises Agricultural Export Facilitation Act
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On May 19, Japan's Diet approved the Ministry of Agriculture, Forestry and Fisheries proposed revisions to the Agricultural Export Facilitation Act. The revisions allow product-specific industry groups to implement check-off systems and establishes a new fund to extend low-interest and long-term loans to producers, manufacturers and distributors to promote exports. The revised Act also establishes a system to allow private, MAFF-approved inspection bodies to issue export certificates.
