[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 61 Introduced in Senate (IS)]

103d CONGRESS
  2d Session
S. CON. RES. 61

  Expressing the sense of the Congress in support of the President's 
           actions to reduce the trade imbalance with Japan.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            February 24 (legislative day, February 22), 1994

 Mr. Wofford (for himself, Mr. Levin, Mrs. Feinstein, Mr. Lautenberg, 
    Mr. Kohl, Mr. Riegle, and Mr. Sarbanes) submitted the following 
 concurrent resolution; which was referred to the Committee on Finance

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
  Expressing the sense of the Congress in support of the President's 
           actions to reduce the trade imbalance with Japan.

Whereas the United States and Japan have a long, deep, and rich relationship;
Whereas the security alliance between the United States and Japan is stronger 
        than ever and essential to the Asian Pacific and the rest of the world;
Whereas the United States and Japan have also embraced a common agenda for 
        cooperation on global issues such as population, transportation 
        technology, and the environment;
Whereas in order to strengthen the relationship, the United States and Japan 
        must have a mutually beneficial economic partnership, which will result 
        in more jobs and economic opportunities for Americans;
Whereas even though the United States and Japan have negotiated over 30 trade 
        agreements since 1980, Japan still remains less open to imports than any 
        other G-7 nation and its regulations and practices screen out many 
        United States products, even our most competitive products;
Whereas over the last 10 years our trade deficit with Japan has increased by 200 
        percent, resulting in a current trade deficit of $59,000,000,000;
Whereas last year the United States and Japan agreed to seek market opening 
        arrangements containing objective criteria that would result in tangible 
        progress; and
Whereas in recent negotiations Japanese representatives refused to agree to such 
        market opening arrangements: Now, therefore, be it
    Resolved by the Senate (the House of Representatives concurring), 
That the Congress supports the efforts of the President of the United 
States to open Japanese markets and to obtain measurable increases in 
Japan's imports either through continued negotiation or enforcement of 
United States law.

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