Japanese trade experts in Tokyo admitted on Saturday (30 January) that their move to lower 67 non-tariff barriers is likely to have little effect of Japan's large surplus with the European Economic Community (EEC).
1. GV Foreign Ministry in Tokyo. 0.04
2. SV Sign. 0.07
3. SV EEC delegates arrive. (2 SHOTS) 0.23
4. GV Heads of delegation arrive. 0.34
5. SV Sir Ray Denman seated. 0.39
6. SV Japanese delegation leader. Nobuo Matsunaga, Deputy Foreign Minister. 0.43
7. GV European delegates. 0.44
8. SV Matsunaga speaking at press conference. (2 SHOTS) 0.48
9. SV Matsunaga speaking at press conference. (2 SHOTS) 1.18
10. SV Denman speaking. 1.48
11. GV EXT Foreign Ministry building. 1.52
12. SV & CU INT Prime Minister Suzuki enters conference room and takes seat. (2 SHOTS) 2.10
13. CU Japanese ministers seated. (3 SHOTS) 2.19
14. CU PULL BACK TO SV Suzuki seated with another member of Japanese delegation. 2.23
15. GV All members of delegation seated opposite each other around table. 2.29
TRANSCRIPT: DENMAN: (SEQ 10) "And then assessing the progress we've been able to make in the last week, it seems to us that we have to view this against two sorts of backcloth. One is the economic position the Community which, as those of you especially from Europe know full well, is good, we have now something like ten million unemployed in the community, the worst since the great recession of the early nineteen-thirties."
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Background: TOKYO, JAPAN
Japanese trade experts in Tokyo admitted on Saturday (30 January) that their move to lower 67 non-tariff barriers is likely to have little effect of Japan's large surplus with the European Economic Community (EEC). The Community had a 10.3 billion dollar deficit with Japan in 1981. Delegates from the ten-nation Community said the measures, based on an original list of 99 non-tariff barriers, were a step in the right direction, but that much remained to e done if more fairness was to be introduced between Japan and its western trading partners. European negotiators, in Japan for a week in an attempt to redress the surplus, say Japan is simply not doing enough. Leader of the EEC team, Sir Ray Denman, said the problem was Japan's reluctance to import manufactured good from anywhere, without strict controls. Japan's Deputy Foreign Minister, Nobuo Matsunaga says Japan is prepared to examine further ways of increasing its European imports.
Source: REUTERS - KIMIAKI TANAKA