In order to strengthen economic security, the government has decided to add nine industries, such as semiconductors and storage batteries, to the Foreign Exchange Law, which restricts investment by foreign investors.
Nine industries will be added, including semiconductors, storage batteries, machine tools and industrial robots.
Based on the Act on Promotion of Economic Security, the government has decided to designate goods that are essential to people's lives and whose supply depends on specific countries and regions as "specially important goods" and to provide support for their stable supply. I'm here.
In response to this, the Ministry of Finance has decided to add "specified important goods" to the Foreign Exchange Law, which requires prior notification of investment by foreign investors.
With the addition of a new industry this time, all specified important goods are subject to the Foreign Exchange Law, and when a foreign investor acquires 1% or more of the stock of a related company, it will be necessary to notify the government. .
The government has started soliciting opinions from the general public by the 10th regarding the addition of this industry.
By imposing certain restrictions on investment by foreign investors, the aim is to secure the supply chain of goods that are important for security and to prevent the outflow of technology.