The Liberal Democratic Party will consider the opinions of relevant businesses and organizations when designating "specific important supplies" that empower the state to investigate the sources of companies over new bills to strengthen economic security. We have put together a draft of an incidental resolution such as, and are coordinating with the opposition party.
The new bill, which was deliberated by the House of Representatives on the 17th of last month, aims to ensure a stable supply of important products such as semiconductors and pharmaceuticals that are indispensable to people's lives. It includes giving the authority to investigate the suppliers of companies.
The ruling and opposition parties have agreed to vote at the Cabinet Committee on the 6th, and the Liberal Democratic Party has put together a draft incidental resolution based on the fact that the Constitutional Democratic Party and the Nippon Ishin no Kai are calling for amendments to the bill.
In this, the new bill will be balanced with free and fair economic activities when promoting measures, considering that there are voices of concern from the business community etc. whether it will be excessive regulation to business. I want that.
In addition, when designating a product as a "specified important material", the opinions of related businesses and organizations are taken into consideration.
Furthermore, in light of the drastic changes in the global security environment such as the situation in Ukraine, we will continue to consider and take necessary measures even after the law is enforced.
Based on this bill, the Liberal Democratic Party wants to coordinate with the Constitutional Democratic Party and the Nippon Ishin no Kai to get approval for the bill.