Word: okita
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...Japanese expansion. Domestic consumption has taken a back seat to investment in industries that could sell products overseas. Suddenly, the global slump has thrown that strategy into jeopardy. Japanese exports have fallen by 10% in the past year. "There are no more Japanese miracles," said Board Member Saburo Okita of Japan, president of Tokyo's International University, who explained that lack of purchasing power everywhere was causing stagnation...
...compensation will have to await the outcome of complicated negotiations. Japanese Trade Representative Saburo Okita visited Peking last month to discuss the cancellations, and a Chinese delegation is in Tokyo this week laying the groundwork for talks. Special Chinese envoys are also expected in Bonn later this month...
Despite such bad domestic news, Carter could take considerable satisfaction from his new-found unity with the other summit participants on political, economic and energy issues. Said Japanese Foreign Minister Saburo Okita: "Our seven nations are seven passengers in the same gondola." More prosaically, a top Carter aide summed up: "Nobody is trying to claim we got everything we wanted. But in the realm of the possible, things worked out pretty damn well...
Exactly what the Europeans are prepared to do?or not do?will become clear at this week's Luxembourg meeting of European Community foreign ministers (which will be attended by Japanese Foreign Minister Saburo Okita) or at next week's European Community summit. The organization's experts have prepared memos outlining the economic and legal aspects of a potential boycott of Iran. One Community study argues that an economic boycott, in concert with the U.S. and Japan, could impose much more damage on Iran than that country could inflict in retaliation by cutting off oil shipments. Reason: in the wake...
...Administration is particularly peeved about the help that the Japanese have been giving Iran. In Paris, Vance provided an earful of complaints to Japanese Foreign Minister Saburo Okita, who was in the city for a meeting of the International Energy Agency. A U.S. official charged that Tokyo has allowed Japanese banks to "go overboard" in helping Iran circumvent the financial problems caused by the assets freeze. In addition, he said, some Japanese trading companies have rushed "with unseemly haste" to buy 21 million bbl. of Iranian oil that had been destined for the U.S. before Carter halted oil imports from...