2005 United Nations Climate Change Conference was one of Canada's largest international events ever and the largest gathering in Montreal since Expo 67. The Montreal Action Plan was an agreement to "extend the life of the Kyoto Protocol beyond its 2012 expiration date and negotiate deeper cuts in greenhouse-gas emissions" by starting negotiations, without delay on an extension of the protocol. Canada's environment minister, at the time, Stéphane Dion, said the agreement provides a "map for the future". 2005 United Nations Climate Change Conference The 2005 United Nations Climate Change Conference took place between November 28 and December 9, 2005, in Montreal, Quebec, Canada. The conference
Capital flows in Japan market) rather than the removal of international capital controls per se. This approach was taken because of United States concerns that foreign investment in Japan was impeded by a lack of various financial instruments in the country and by the government's continued control of interest rates for many of those instruments that did exist. As a result of the agreement, for example, interest rates on large bank deposits were decontrolled, and the minimum denomination for certificates of deposit was lowered. By the end of the 1980s, barriers to capital flow were no longer a major issue in Japan-United States relations.