Origins and mandate of the Regulatory Reform Dialogue
Political basis
The Regulatory Reform Dialogue can be considered as related to the overall objectives of the 1991 Joint Declaration [1]. It took until 1994/95, however, until the RRD was launched in response to the emerging Japanese deregulation policy.
Link with Japanese deregulation policy
While the Joint Declaration did not commit the parties to any specific regulatory reform obligations, it nevertheless set the stage for the launch of substantial regulatory cooperation once Japan put in place related domestic policy orientations.
In 1993, the Hosokawa administration adopted deregulation of the Japanese economy as a major goal of its economic policy in the form of a package including a list of 94 regulations to be eased in four main areas: increasing business opportunities, enhancing competition, promoting imports and reducing paperwork.
In March 1994, a working group in the Administrative Reform Promotion Headquarters was charged with considering deregulation in the four areas of housing and land, information and communications, distribution, and the further opening of Japan’s markets.
The EU welcomed this initiative. In May 1994, on the occasion of a meeting with President Delors, PM Hata accepted the initiative of holding expert meetings on deregulation matters. The first meetings took place in Tokyo in May and June 1994 and covered the following areas: distribution, competition policy, sanitary and Phytosanitary questions, financial services, public procurement, customs, transport, industrial sector and telecommunications. The EU did however express its wish to go beyond these ad hoc meetings with a view to establishing a longer term dialogue.
Japanese domestic policy was further refined by the adoption, in July 1994 under the new Murayama administration, of a policy in which an additional 279 items were listed for deregulation. The Deregulation Action Programme was to be implemented over five years, including measures supposed to positively respond to a significant number of the EU requests and to revise it by the end of each fiscal year on the basis of opinions received from interested parties both domestic and foreign. Following the continuing rise of the Yen, and as part of emergency measures to reverse this trend, Japan took the decision, in 1995, to cut the five year implementation period back to three years.
Political basis
The Regulatory Reform Dialogue can be considered as related to the overall objectives of the 1991 Joint Declaration [1]. It took until 1994/95, however, until the RRD was launched in response to the emerging Japanese deregulation policy.
Link with Japanese deregulation policy
While the Joint Declaration did not commit the parties to any specific regulatory reform obligations, it nevertheless set the stage for the launch of substantial regulatory cooperation once Japan put in place related domestic policy orientations.
In 1993, the Hosokawa administration adopted deregulation of the Japanese economy as a major goal of its economic policy in the form of a package including a list of 94 regulations to be eased in four main areas: increasing business opportunities, enhancing competition, promoting imports and reducing paperwork.
In March 1994, a working group in the Administrative Reform Promotion Headquarters was charged with considering deregulation in the four areas of housing and land, information and communications, distribution, and the further opening of Japan’s markets.
The EU welcomed this initiative. In May 1994, on the occasion of a meeting with President Delors, PM Hata accepted the initiative of holding expert meetings on deregulation matters. The first meetings took place in Tokyo in May and June 1994 and covered the following areas: distribution, competition policy, sanitary and Phytosanitary questions, financial services, public procurement, customs, transport, industrial sector and telecommunications. The EU did however express its wish to go beyond these ad hoc meetings with a view to establishing a longer term dialogue.
Japanese domestic policy was further refined by the adoption, in July 1994 under the new Murayama administration, of a policy in which an additional 279 items were listed for deregulation. The Deregulation Action Programme was to be implemented over five years, including measures supposed to positively respond to a significant number of the EU requests and to revise it by the end of each fiscal year on the basis of opinions received from interested parties both domestic and foreign. Following the continuing rise of the Yen, and as part of emergency measures to reverse this trend, Japan took the decision, in 1995, to cut the five year implementation period back to three years.
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