[Congressional Record Volume 140, Number 7 (Wednesday, February 2, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: February 2, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
              A CALL FOR ACTION IN TRADE TALKS WITH JAPAN

  (Mr. LEVIN asked and was given permission to address the House for 1 
minute.)
  Mr. LEVIN. Mr. Speaker, the United States trade deficit with Japan 
remains at $50 billion. Foreign investment in Japan remains very low. 
Import penetration into the United States is 30 percent, in Europe it 
is 15 percent, and in Japan it is only 3 percent.
  We have tried the so-called MOSS talks, and then SII. We do not need 
another acronym; we need action.
  In the so-called framework negotiations, our negotiators are now in 
Japan. We say here today, for all to hear, that we stand behind them. 
What is needed is results. The time for talk if over. Let us get busy 
and do it before the distinguished Prime Minister from Japan comes to 
the United States.

                          ____________________