1980s in Japan December 1982. In November 1983, Japan agreed to the International Tropical Timber Agreement. The Montreal Protocol on Substances That Deplete the Ozone Layer was agreed upon in September 1987. The Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal was signed in March 1989. 1980s in Japan In Japan during the 1980s, the economy was in a boom where buyers found themselves paying the highest prices for goods and commodities. As of March 1980, the unemployment rate in Japan was 4.9%; a very low number compared to the unemployment rate during the height of the
Montreal Protocol is to assist developing country parties to the Montreal Protocol whose annual per capita consumption and production of ozone depleting substances (ODS) is less than 0.3 kg to comply with the control measures of the Protocol. Currently, 147 of the 196 Parties to the Montreal Protocol meet these criteria (they are referred to as Article 5 countries). It embodies the principle agreed at the United Nations Conference on Environment and Development in 1992 that countries have a common but differentiated responsibility to protect and manage the global commons. The Fund is managed by an Executive Committee with an equal representation