Word: bunroku
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Dates: during 1977-1977
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...Tokyo will limit steel exports to the Community to 1.4 million tons. But at Common Market headquarters in Brussels, these steps have been viewed as too little, too late. In November, over lunch in Brussels, European Commissioner Finn Olav Gundelach warned Japanese Deputy Foreign Minister Bunroku Yoshino that Japan would have to submit a comprehensive plan to right the trade imbalance or face retaliation. The Europeans, for example, could slap extra import duties on Japanese goods that they suspect are being "dumped"-that is, sold in Europe at lower prices than in Japan...
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