Released jointly by the U.S. and Japanese Governments during the visit of President Clinton to Japan, July 10, 1993
Reaffirming their understanding at their meeting of April 1993, the Prime Minister of Japan and the President of the United States agree to establish the United States-Japan Framework for a New Economic Partnership, as described below.
Government Procurement - Measures undertaken in this area should aim at significantly expanding Japanese government procurement of competitive foreign goods and services, especially computers, supercomputers, satellites, medical technology, and telecommunications. The U.S. Government will encourage U.S. firms to take advantage of opportunities created by the Government of Japan. The U.S. Government reconfirms that it is the policy of the U.S. Government to provide nondiscriminatory, transparent, fair and open opportunities consistent with its obligations under the GATT Agreement on Government Procurement. The U.S. Government will consult with the Government of Japan upon request concerning such policies, and areas of particular interest.
Regulatory Reform and Competitiveness - Measures undertaken in this area will address reform of relevant government laws, regulations, and guidance which have the effect of substantially impeding market access for competitive foreign goods and services, including financial services, insurance, competition policy, transparent procedures, and distribution. The United States will undertake efforts to promote exports to Japan, including business facilitation measures and other measures to further enhance U.S. international competitiveness.
Other Major Sectors - Measures undertaken in this area will address other major sectors, including the automotive industries. Efforts in this area, including existing arrangements, such as MOSS, will have the objective, inter alia of achieving significantly expanded sales opportunities to result in a significant expansion of purchases of foreign parts by Japanese firms in Japan and through their transplants, as well as removing problems which affect market access, and encouraging imports of foreign autos and auto parts in Japan. The U.S. Government will promote the export of autos and auto parts to Japan and will encourage U.S. companies to pursue more actively market opportunities in Japan.
Economic Harmonization - This area will address issues affecting foreign direct investment in Japan and the United States. In addition, this area encompasses issues, such as intellectual property rights, access to technology, and long term buyer-supplier relationships between companies in the two countries.
Implementation of Existing Arrangements and Measures - All existing bilateral arrangements and measures will be closely monitored and fully implemented. Specific commitments made under the Structural Impediments Initiative (SII) talks will be absorbed into this basket as appropriate.
Discussions in the above areas will begin as soon as possible. Each basket will be chaired at the Subcabinet level with working groups as appropriate. The two governments will make utmost efforts to agree on measures regarding significant market access problems in government procurement, the insurance market, the automotive industries, and other high priority areas to be determined, at the first Heads of Government meeting in 1994 or within six months of this agreement. Each such issue will be dealt with separately. Agreements on measures in the remaining areas are expected to be announced at the second Heads of Government meeting in July 1994.
Progress on results arising out of such consultations will be included in the joint statements at the biannual meetings of the Heads of Government. Progress reports will be prepared by the Subcabinet group at the pre-Heads of Government meetings.
Discussions will begin as early as possible in the following areas:
1. Environment. The United States and Japan will establish a forum for regular consultations on environmental issues at the sub-Cabinet level. The U.S. and Japan will collaborate on the following specific environmental priorities: oceans, forests, global observation information network, environmental and energy efficient technologies, conservation of important natural and cultural resources, and environment-related development assistance.
2. Technology. Japan and the United States agree to cooperate on mutually-agreed projects in the following areas of technology development: transport technology, telecommunications, civil industrial technology, and road technology and prevention of disaster.
3. Development of Human Resources. The United States and Japan agree to strengthen bilateral cooperation in the development of human resources in the areas of labor exchanges and the Manufacturing Technology Fellowship Program.
4. Population. The United States and Japan will work together to enhance the effectiveness of efforts to stem rapid global population growth, including strengthening multilateral population programs. The U.S. and Japan will work together to use our bilateral programs to enhance the effectiveness of population programs in the developing world.
5. AIDS. The United States and Japan will cooperate to enhance multilateral efforts on AIDS. The United States and Japan will work together to use our bilateral programs to address the AIDS crisis in the developing world.
The two Governments will assess the implementation of measures and policies taken in each sectoral and structural area within each basket under this Framework; this assessment will be based upon sets of objective criteria, either qualitative or quantitative or both as appropriate, which will be established using relevant information and/or data that both Governments will evaluate. Such assessment will occur at the biannual Deputies meeting prior to the Heads of Government meetings and, in addition, as determined by the negotiating teams within each basket. These criteria are to be used for the purpose of evaluating progress achieved in each sectoral and structural area, including the collaborative efforts of the two Governments.
At their biannual meetings, the Heads of Governments will issue public statements that include reports of results achieved under the Framework on sectoral, structural and macroeconomic issues, as well as a common agenda for cooperation in global perspective.
Deputy Minister level meetings will be held twice a year to prepare reports, to be submitted to the two leaders. Meetings can be held as appropriate several weeks before biannual Heads of Government meetings. The first Deputy Minister level meeting will be held within six months of agreement on this Framework.
Consultations will be carried out making use of the existing fora where appropriate, and working groups may be established as necessary in order to facilitate dialogue in this Framework. All relevant agencies will participate.
After two years, both Governments will decide whether to extend consultations in this Framework beyond the fall of 1995.
An update on progress toward reducing current account imbalances and other macroeconomic issues will be included in the biannual Heads of Government statements. Progress will also be reviewed at the pre-Heads of Government meetings. While ongoing talks will be anchored in the G-7 process and central bank dialogue, other contacts between the two Governments will offer the opportunity to discuss these concerns, for example during discussions between the Council of Economic Advisors and the Economic Planning Agency.
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