Japan's "quasi-drug" deregulation suggested as next step in harmonization by EU exec.
This article was originally published in The Rose Sheet
Executive Summary
JAPANESE "QUASI-DRUG" COSMETICS DEREGULATION suggested by Council of the European Business Community, Japan Cosmetics Committee Chairman David Ashley as a second step in the country's move to liberalize its cosmetics trade regulations. Noting the proposed changes to Japan's cosmetic regulations are an important first stage, Ashley said, "we cannot afford to stop the pressure" on the Japanese government because the proposed deregulation does not cover every product "that we consider to be a cosmetic." The European Business Community is an organization sponsored by chambers of commerce of EU member states to promote European business interests.