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(Provisional Translation)

Establishment of the Japan Investment Council

July 15, 1994
Cabinet Decision
December 15, 1998
Partial Amendment
January 6, 2001
Partial Amendment
The Japan Investment Council shall be established inside the Cabinet Office to further promote investment into Japan based on the Outline of External Economic Reform Measures (Cabinet Decision, March 29, 1994) as follows.
1. Duties
From the viewpoint of promoting investment into Japan, the Japan Investment Council (hereinafter referred to as "the Council") shall coordinate and act as liaison among the ministries and agencies concerned in order to collect opinions on improving the investment environment and to disseminate information on related measures for promoting investment.
2. Composition
The Council shall consist of the following members. The Chair may, however, appoint ministers concerned as additional members where necessary. Furthermore, the Chair shall request the attendance of the Chairman of the Fair Trade Commission where necessary.
Chair:Prime Minister
Deputy Chair:Minister of State for Economic and Fiscal Policy (when the post of Minister of State for Economic and Fiscal Policy is not established inside the Cabinet, the Chief Cabinet Secretary)
Members:Minister of Internal Affairs and Communications
Minister of Justice
Minister for Foreign Affairs
Minister of Finance
Minister of Education, Culture, Sports, Science and Technology
Minister of Health, Labour and Welfare
Minister of Agriculture, Forestry and Fisheries
Minister of Economy, Trade and Industry
Minister of Land, Infrastructure and Transport
Minister of the Environment
Chief Cabinet Secretary (only when the post of Minister of State for Economic and Fiscal Policy is established inside the Cabinet)
Minister of State for Financial Services
Minister of State for Okinawa and Northern Territories Affairs
3. Opinion Hearings
The Council may, when necessary, request the attendance of the staff of the administrative agencies concerned, academic experts in the field and concerned parties in Japan and abroad to receive their reports and hear their opinions.
4. Expert Committee
An expert committee consisting of civil servants of the administrative agencies concerned and holding an appointment designated by the Chair and people with academic background in international economy, investment, etc. shall be established inside the Council.
5. Administrative Affairs
The administrative affairs of the Council shall be handled by the Cabinet Office with the cooperation of the Ministry of Economy, Trade and Industry.
6. Other
Necessary matters concerning the operation of the Council shall be determined separately by the Chair.

Additional Members of the Japan Investment Council

February 13, 2003
Decided by the Chair of the Japan Investment Council

The following ministers shall be appointed additionally as members of the Japan Investment Council in accordance with the stipulations in Paragraph 2 of the Cabinet Decision of July 15, 1994 ("Establishment of the Japan Investment Council"), which call for the Chair to appoint ministers concerned as additional members where necessary.
Minister of State for Regulatory Reform
Minister of State for Industrial Revitalization Corporation of Japan (provisional title)
Minister of State for Science and Technology Policy
Minister of State for Special Zones for Structural Reform