#
J
a
in this context I do not disguise that I would like to see fall in your tariffs and taxes on whisky about 65% duty and up to 220% liquor tax and some other items such as biscuits and confectionery between 30% and 40% ? But under the Gatt agreement there are specific and clear rules which state the conditions under which a country may resist unfair trading practices and those which lead to a sudden disruption of a society in domestic markets. You will see from what I have said that, so far as our industry-to-industry understandings and similar arrangements are concerned, you cannot expect any substantial change in policy between the previous Government in the United Kingdom and the present one.
9 I believe that the principal area for development lies in the exchange of technology, industrial application and skill. The recent Rolls-Royce deal, which we hope will soon be finalised, is a good example of this where the UK can offer you . advanced technology in Aero Engines. And it seems to me that the BL Honda Agreement has a great deal to commend it from both our countries' points of view. There must be a whole range of other. areas where, on the one hand, we in the United Kingdom can take advantage of your expertise without disruption to our society; and, on the other hand, where you, in Japan, perhaps with some easing of access to your market, could collaborate in further development of British successes. As I have already said, we have missed out in certain phases of the recent technological revolution. Just as you have bought Western technology and
continue to do so, we must accelerate our purchase of your technology under joint venture partnerships. Japan's management has done a splendid job within the United Kingdom in manufacturing on our home ground. It is of great importance for the future of our consumer electronics industry that we now have five (soon to be six) leading Japanese companies manufacturing colour television
4