• Short Summary

    INTRODUCTION In Paris members of the ship-building committee of the Organisation for Economic Co-operation and Development met on Tuesday (11 January) for talks aimed at resolving a worldwide crisis in the industry.

  • Description

    INTRODUCTION In Paris members of the ship-building committee of the Organisation for Economic Co-operation and Development met on Tuesday (11 January) for talks aimed at resolving a worldwide crisis in the industry.

    SYNOPSIS: For the past three months the European Economic Community has been pressing Japan to accept a market sharing arrangement which would give West European shipyards some prospects of survival during the next three or four years of the current world shipping crisis. But during the meeting in Paris Japan rejected proposals for equal sharing of available ship-building orders.

    Mr. Shinichi Yanai, deputy leader of Japan's permanent mission to the O.E.C.D., told newsmen that his country remained opposed to market sharing because it contradicted the basic principles of western economies. He did, however say that Japan had no intention of increasing its share of world markets, which in the O.E.C.D. area stands at 70 to 80 per cent. European delegates described Japan's attitude as very disappointing, but they said that Japan's agreement to attend a further meeting of the committee in February offered grounds for limited optimism.

  • Tags

  • Data

    Film ID:
    VLVADY12D460QWD234W0Y1ZCJ93TK
    Media URN:
    VLVADY12D460QWD234W0Y1ZCJ93TK
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    12/01/1977
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:59:00
    Time in/Out:
    /
    Canister:
    N/A

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