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The Nagoya Protocol increases burden on companies

Published: 2015-04-10 13:31:18
Updated: 2015-04-10 13:31:18

As the Nagoya Protocol, sharing earnings for using foreign natural resources, is enforced, it is expected that domestic companies need to pay royalties worth of 1-3% of sales if a domestic law is ratified.

However, as the problem is that details have not been decided, companies related to the issue have argued that the government should make active responses.

At the conference held in the sub...

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