Word: import
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Dates: during 1970-1979
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There are some signs, though, that tough behind-the-scenes talk by officials of the Carter Administration is starting to bring change. At American urging, Tokyo this month dispatched a 91-man delegation of corporate and government officials to tour the U.S., actively seeking, and signing orders for, more imports. Last week the mission fanned out from San Francisco to a score of cities to talk up a new liberalism in trade. In a flight of wish-it-were-true hyperbole, Delegation Chief Yoshizo Ikeda, president of Mitsui, the giant trading company, told a gathering in Atlanta that his country...
American salesmen might be pardoned for awaiting proof that the Japanese are really interested in importing. Japan has slashed tariffs this year on 318 items, but the U.S. regards the nontariff barriers as more important. On them, there have been only two small signs of give. Tokyo has liberalized financing terms for imports, and the Ministry of Trade and Industry has ordered a study on how to simplify import documentation and inspection procedures...
...American foreign investment in South Africa," and to work within the apartheid system to bring about changes in racial policies. It urges the denial of tax credits to U.S. firms in South Africa not actively striving to improve the lot of its non-white workers, the end of export-import bank guarantees of U.S. bank loans to the South African government, and the curtailment of Commerce Department activities directly or indirectly helping American firms choosing to operate in South Africa...
Although Nyerere's leadership code still keeps most top officials honest, below them, says a Tanzanian, "corruption has become institutionalized." Explains a resident of Dar es Salaam: "You can't get anything done without paying - whether a permit for a plot of land or an import license. I even have to bribe to get my cess pool emptied...
Maybe-but there are serious obstacles. Though President Carter's national energy plan calls importation of LNG an "important supply option," and the Department of Energy has been approving import projects, officials have serious doubts about the strategic wisdom of allowing too many American consumers to become dependent on the stuff, lest LNG be included in another oil embargo. They are hardly encouraged by the fact that the principal U.S. supplier will be Algeria, one of the most hawkish of the OPEC countries and a nation ruled by a left-wing government that is anything but an ally...