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 tight controls over both inflow and outflow of capital. As part of these controls, for example, government severely restricted foreign direct investment in Japan, but it encouraged licensing agreements with foreign firms to obtain access to their technology. As Japan's current account position strengthened in the 1960s, however, the nation came under increasing pressure to liberalise its tight controls. When Japan became a member of the OECD in 1966, it agreed to liberalise its capital markets. This process began in 1967 and continues. Decontrol of international capital flows was aided in 1980, when the new Foreign Exchange and Foreign Control