Japanese trade equity
This article was originally published in The Gray Sheet
Executive Summary
Potential regulatory changes would contribute to "delayed product approvals, complex distribution networks, layers of bureaucracy and inefficient pricing policies," House Medical Technology Caucus Co-Chairs Jim Ramstad (R-Minn.) and Anna Eshoo (D-Calif.) comment in "Dear Colleague" letter soliciting co-sponsorship of concurrent resolution (H Con Res 324). Introduced Nov. 12, the legislation urges the Japanese government to uphold commitments made under a 1986 trade agreement (1"The Gray Sheet" Nov. 17, 2003, p. 14). The medical technology industry annually offsets more than $3.3 bil. of the American trade deficit with Japan, the letter states...