The Archive · 1938

Rigid Control System to Be Harmonized

Tokyo, Jan. 20.

The Foreign Trade Bureau of the Japanese Foreign Office, which has been making strenuous endeavours to so liquify and promote Japan's international trade under the present wartime economic system, has reached a decision on various internal and external policies.

Measures to be taken are reported as follows:—

1, To study feasible measures to ad. just import of foreign materials, so a: io meet import restrictions against Japanese goods impared under forei; exchange and trade control systems Various countries.

2. As the fundamental solution of adjusting Japan's international, balance thtective measures must De found expan expo 1 alleviate adverse influences from Japan's existing foreign exchange and trade control measures over the export business, after consultations.

%.'To meet demands. from other ments, efforts will be made where postions for compensatory trade arrangeible 19 buy irom such countries on restrictions and give fair treatment to dition that they abolish their import ce tion measures, eng will not be left to traders alone, trade promot but the Japanese Government will attempt to conclude trade agreements Yo promote trade relations on a reciprothe Governments of other nations cal basis, on the principle of free ex-Glleviate nationalist and isolationist hange of' goods and services, so as to

5. Jai wil try to conclude reciprocal. trade arrangements with the United States and other countries from. tion materials, 1o readjust unfavourable hich Ji buys armaments and muni-

balances. for a trade agreement, Nonn 6. Negotiations will be med with. the new Administration of

Meanwhile, the Trade Bureau of the Japanese Foreign Office expects to conclude within this year pending trade negotiations with the following Austral /The existing Australian-Japanese trade agreement expires at the end of June and is to be renewed.

Siam:—Negotiations are now under way between Siam and Japan for a new treaty of commerce and navigation to replace the old treaty which expired on November 4, 1937.

Turkey:—Negotiations are to be started between Turkey and Japan for a new trade agreement, as the former interim agreement hss been invalid since January 2, 1997.

Egypt:—Trade negotiations between Egypt and Japan, which faced an impasse owing to wide difference in opinion between the delegations of the two nations, were suspended temporarily during the Egyptian political situation and due to Anglo-Egyptian relations, Negotiations are expected to be resumed shortly.

Columbia:—The Columbia-Japan trade conference showed a favour-üble development at the beginning of 1937, but collapsed soon afterwards ducto an abrupt change in the attitude of the Colombian authorities. it is expected, however, that. the negotiations will be resumed in the near future.—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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