Mass Destruction: Law and Individuals Companies

mass destruction: A bill to amend the law will be submitted to the ordinary session of the Diet, scheduled to start next Friday, the sources said, according to The Japan Times. Japan will follow the United States and European countries, which are strengthening measures to prevent leaks of their state-of-the-art technologies abroad that could jeopardize their national security. The government is mulling a revision of the foreign exchange and trade law to introduce the heavy penalties, the sources said. Under the law, Japan currently imposes up to 10 million 87,000 in fines on individuals and companies exporting without permission goods and technologies that can be used for military purposes, such as making weapons of mass destruction. The bill also stipulates that the provision of technological information to foreigners staying in Japan for six months or longer be subject to government approval. Through the amendment, the upper limit on the fines on individuals would be raised to 30 million, while a new system to slap up to 1 billion in fines on corporate violators would be set up, the sources said. (news.financializer.com). As reported in the news.