CONFIDENTIAL
SECRETARY OF STATE'S MEETING WITH MR SONODA
CONSOLIDATED ESSENTIAL FACTS
Prospects for the Tokyo Summit
1. Prime Minister Ohira will host the Fifth Economic Summit
in Tokyo on 28/29 June. Earlier Summits were held in Bonn
(July 1978), London (May 1977), Puerto Rico (June 1976) and
Rambouillet (1975).
In addition to Japan and the UK the
Heads of State and/or Government of the USA, France, Germany,
Canada, and Italy will also be present with their Foreign and
Finance Ministers.
The President of the European Commission
and the President of the European Council (President Giscard)
will be representing the European Community for those parts of
the discussion related to Community matters.
2. There is no fixed agenda for the Economic Summit. But the
agreed communique issued in March states that the participants
at the Tokyo Summit "will discuss policies for the stable expansion
of the world economy in the spirit of mutual cooperation that
has been fostered by the previous Summit meetings". In practice
discussion is likely to revolve around the five areas covered at
the previous Summit in Bonn:
(a) growth, inflation and employment
(b)
trade
(c)
energy
(d)
(e)
relations with developing countries
international monetary questions
Preparatory work is in hand between personal representatives of
Heads of Government (Sir John Hunt for the UK and Deputy Foreign
Minister Miyazaki for Japan).
CONFIDENTIAL
13.