[Congressional Record Volume 140, Number 14 (Friday, February 11, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: February 11, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
MARKET ACCESS BARRIERS IN JAPAN
Mr. DOLE. Mr. President, I am disappointed that the United States and
Japanese negotiators were unable to reach agreement on market access
barriers in Japan. Nevertheless, the last thing we need is an
ineffective trade agreement that fails to address the real problems
foreign firms have in penetrating the Japanese market.
I met, along with the majority leader, this morning with Prime
Minister Hosokawa and Foreign Minister Hata and we had a very frank
exchange. The Prime Minister agreed that the chronic trade imbalance
between Japan and the world is unacceptable and must be resolved. I
support U.S. Trade Representative Mickey Kantor in his determination to
seek a meaningful agreement. Now he must redouble his efforts.
This is a bipartisan issue. We have been working with Japan for many
years trying to resolve these problems. The time has come for Japan to
understand that global economic leadership carries obligations. Mr.
President, Japan must continue to move to join the ranks of open
markets in the global trading system.
I agree with the President who said that no agreement is better than
an ineffective agreement.
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