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Far For Depr.
PRIVATE OFFICE MINUTE NO. 706
13/1
Visit of the Japanese Minister
of International Trade and Industry
30th October, 1969.
Present:
335
The President of the
Board of Trade
Mr. W. Hughes
Mr. C.W. Sanders,
Mr. A.F. Toms
The Minister of Internationál
Trade and Industry.
His Excellency the Japanese
Ambassador
Mr. Akira Harada Upy sent to Mrs ÿ/ki
Mr. Tsutomu Wada
Commotus
Rept
Mr. ̈Toshihiko Nishiwaki
17111
Anglo/Japanese Trade Relations
Mr. Shinji Fukukawa
He was very
After welcoming Mr. Ohira the President said that he was very glad to have an opportunity for a general discussion of Anglo/Japanese trade relations. well aware of the exceptional growth of the Japanese economy and consequently of the great importance of the Japanese market. The British Government were anxious to, establish a new strong understanding with the Japanese Government in the trade field. His predecessor had been
able to explain our proposals to Japanese Ministers during his recent visit to Tokyo.
1
2. The President added that he was bound to say that we had been disappointed with the initial Japanese response to our initiative. rie was aware that since Mr. Crosland had returned from Tokyo, the Japanese Government had indicated that they were prepared to make concessions on a number of additional points, but in our view the Japanese response was still insufficient to enable us to move quickly to the liberalisation of our mutual trade which we regarded as highly desirable. We hoped, therefore, that it would still be possible for Mr. Ohira to let us have a more favourable reply 3. Mr. Ohira recalled that the Japanese Government had undertaken to embark on a programme of liberalisation which would result in the removal of at least half of their quantitative restrictions on imports by the end of 1971. tempo of this liberalisation programme had been a little slower than expected and the Japanese Government had, therefore; come under renewed pressure from number of countries including the United States. New moves were, therefore, taking place at Cabinet level in Japan which should result. in Ministers considering carefully how speedier progress could be made.
The
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RECEIVED IN REGISTRY No.51 17 NOV 1969
HICK 6/2041/1