April 25 memo, trade liberalization

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DEpaRrr',Fr.rroFsrArE .?rt}!::|:.{,a::."?a 23 524.*--It"-",""d un o I Convcro tion DArâ‚Ź:

Discussion

of lrade

APlil 25,

19?3

and rnvestment Issue

nilfian J. Cesey, Undet Socretaly for lcononic Juli!5 (atz, Deputy Assistant secletary fo! Inte!natio".l R.soulces and Food PolicY, Nobuhiko ushiba, JaPanese

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Hlloyuki Yushilar lst. secrelaly, Japa,ese

!dso! xempe. special Assistant to Mf. casey, John $. Holmei, chieI, Trade ca_eemFnLs. P, E, s/Pc, thite Houser CIIP, EA, EB, Ehbassy rokyo rll rassado! ushiba opened lhe disclsslon by landins over an ailvance copy of the an.ounccment of investhett libelalization by lhe Japanese Goverhnent. lie noted that tha Dev Egulations uoutd have as a plincipal 100* liberalization of fcreiq. lnvestnent in both nes and existing Japanese comlanies. Thele $ere some lestrictlons involved, bu" it Has ner/ertieless a bold move. He said the leo requlations (iere to be adoPted by lis covernment the n.xl daY. unde! seclelary Casey responded that lhis vas tndced good ness uhich precscll Ls vpry much, e d, \ed abouL tne sign.li.ance oI comoanies seE torth in lhe

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