Senior government Ministers from the United States and Japan have been meeting in Tokyo to try and find a common approach to world trade and monetary problems, as well as creating a more balanced bilateral relationship.
Senior government Ministers from the United States and Japan have been meeting in Tokyo to try and find a common approach to world trade and monetary problems, as well as creating a more balanced bilateral relationship.
On the first day of talks (16 JULY) the U.S. Secretary of State William Rogers, proposed cooperation rather than competition for dwindling energy sources. Mr. Rogers, who's heading the U.S. delegation, suggested the development of a joint uranium enrichment plant and joint exploration of resources, including those in Siberia, to meet the world energy crisis.
Mr. Frederick Dent, the U.S. Commerce Secretary, is also attending the two days of talks.
The Japanese delegation, headed by the Foreign Minister, Masayoshi Ohira, includes the Japanese Finance Minister Kiichi Aichi and the International Trade Minister, Yasuhiro Nakasone. The meeting is the ninth of the US-Japan Committee on trade and economic affairs in the last 12 years.
Both sides stressed early in the meeting that improvements in their often uneasy trade relationship had cleared the way for substantial discussions on reforms of the world monetary system and forthcoming international trade talks in Tokyo.
SYNOPSIS: Senior government ministers from the United States and Japan have been holding talks in Tokyo. The American Secretary of State, Mr. William Rogers, led his country's delegation to the meeting of the US-Japan Committee on trade and economic affairs.
The Japanese Foreign Minister, Masayoshi Ohira headed his country's delegation at the two days of talks. The delegates were trying to find a common approach to world trade and monetary problems, as well as attempting to create a more balanced bilateral relationship.
On Monday, Mr. Rogers called for cooperation rather than competition for dwindling energy resources. He proposed the development of a joint uranium enrichment plant and joint exploration of unexploited resources.
Both sides stressed early in the meeting that improvements in their often uneasy trade relationship had cleared the way for substantial discussions on reforms of the world monetary system and forthcoming international trade talks in Tokyo.
This is the ninth time the Committee has met in 12 years.
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