States concerning the treatment of items other than those
subject to specific limits. The views of the Government of Japan.
in this connection have already been expressed on the occasion
the Geneva preliminary discussions of November, 1969.
That is
to say, if the Government of the United States consideres it
these items, it will refer
necessary to place restrictions we
the matter to a committee which is to be established beforehand
and which will be made up of the United States and the major
exporting countries, while submitting data indicating injury or
the threat thereof. If agreement is reached at the above committee
the exporting countries are to exercise export restraint.
consultations in the committee are to be concluded within a month,"
The
as a general rule, and if agreement is not reached within this period,
the United States will be free to take unilateral measures to
restrict imports. In this case, however, it goes without saying
that the exporting countries reserve their rights and privileges
under the GATT.
11. While the Government of Japan is of the view that such
matters as the duration of the restraints and the growth rate of
A
the specific limits should be discussed in depth only after
agreement is reached as to whether or not restrictions are necessary,
and, if so, what items are to be subject to export restraint, its
views with respect to the major elements of the United States: