• Short Summary

    While Mr Kakuei Tanaka... Japan's Minister of International Trade and Industry... and American Ambassador Mr?

  • Description

    While Mr Kakuei Tanaka... Japan's Minister of International Trade and Industry... and American Ambassador Mr David Kennedy were finalising details of a new agreement, curbing Japanese textiles to the American market, on Friday (15 October), hundreds of textile workers demonstrated in the streets outside the Trade Ministry. The Three-year agreement which was signed later the same day follows several years of bitter dispute and has been vociferously opposed by the Japanese textile industry which employs almost two million workers. The industry has said the American "protective" demands were likely to result in extensive hardship, the bankruptcy of small companies, and unemployment.

    SYNOPSIS: In Tokyo on Friday, Japan's Minister of International Trade and Industry.... Mr Kakuei Tanaka... arrived at the Hotel Okura for talks with United States Ambassador, Mr David Kennedy, to finalise details of a new textile agreement between the two countries.

    During recent years the United States and Japan have been disputing a textile trade situation which has seen Japanese textiles flooding the American market at prices local manufacturers found difficult to match. These officials have been negotiating the new trade arrangement.

    Later on Friday, while hundreds of textile workers protested outside the Trade Ministry, the new three-year agreement was signed.

    Japan's textile industry employs almost two million workers. Representatives have said the American "protective" demands, agreed to in the new arrangement, were likely to result in extensive hardship, the bankruptcy of small companies, and unemployment.

  • Tags

  • Data

    Film ID:
    VLVABXE5GN06UUNUAVRNVCI9XYT9H
    Media URN:
    VLVABXE5GN06UUNUAVRNVCI9XYT9H
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    17/10/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:18:00
    Time in/Out:
    /
    Canister:
    N/A

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