The Japan–United States Friendship Act of 1975 seek to establish a cooperative peacetime friendship through the exchange of artistic and cultural endowments. The United States statute is a declaration stating a Japan–United States friendship will provide a global model partnership leading to future peace, prosperity, and security in Asia. The Act of Congress acknowledges the 1971 Okinawa Reversion Agreement relinquishing United States authority of the Okinawa Prefecture better known as the Daitō Islands and Ryukyu Islands. The Act created the Japan–United States Friendship Trust Fund and Japan–United States Friendship Commission developing programs for the artistic and cultural exchanges between America and Japan.