NOTHING TO BE WRITTEN IN THIS MARGIN
d.
e.
CONFIDENTIAL
and overall, world-wide tariff cuts.
the Government would liberalise completely
Japanese investment abroad. At present
investment was automatically authorised up to
$1 million.
the Government would abolish various non-
tariff barriers eg the automatic import
quota.
f.
the Government would improve its economic
co-operation.
g.
the Government would try to abolish special
tax incentives for export, such as the
arrangements by which the Japanese exporters
I could delay tax payments.
These measures combined should bring about a
reduction in the balance of payments surplus, even
via-a-vis of the United States.
CONFIDENTIAL
/Mr. Bottomley