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Japan, which relies on Arab oil for 40% of its requirements, scrupulously respects the boycott. Two years ago, the Nissan Motor Co., which was then selling about 2,000 vehicles a year in Arab countries, told an Israeli dealer that he could not import any of its cars. "Please understand our awkward situation with your cordial heart," Nissan wrote the dealer. The Japanese still refuse landing rights in Tokyo to El Al. In retaliation, 7,000 U.S. travelers canceled reservations on Japan Air Lines to the 1970 Osaka world's fair...

Author: /time Magazine | Title: The World: The Superfluous Boycott | 7/19/1971 | See Source »

There are U.S.-Korean problems -withdrawal of U.S. troops and possible U.S. import quotas on Korean textiles, among others. But Agnew steered clear of any substantive discussions with President Park...

Author: /time Magazine | Title: THE VICE PRESIDENCY: Round-the-World Stroking | 7/12/1971 | See Source »

...Turkish decision may well prove to be the most important step yet taken in controlling the import of heroin into the U.S. But its lasting effectiveness will depend on the ability of the U.S. to persuade the other major opium producers-notably Burma, Thailand, Laos and Afghanistan-to take similar action...

Author: /time Magazine | Title: TURKEY: The Ultimate Concession | 7/12/1971 | See Source »

...traces his interest in shipping to ] 948, when he fled the threatening Communists in Shanghai, where he worked in a local bank. Settling in Hong Kong, he opened a small import-export business. Relatives urged him to invest in real estate, but he had learned the hard way to prefer investments that were not tied down or vulnerable to government takeover. "I wanted movable assets," he explains. Without knowing port from starboard, he scraped together the down payment for a Liberty-type freighter...

Author: /time Magazine | Title: SHIPPING: Y.K. Who? | 7/5/1971 | See Source »

Actually, reports Wo Kee's Manager Bruce Jang, these are mere staples compared with what he intends to import...

Author: /time Magazine | Title: EAST-WEST TRADE: Cuttlefish, Anyone? | 7/5/1971 | See Source »

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