Countermeasure against request | (a) Volume: For May 1956-April for duty raise.

Lauan plywood..

Countermeasure
raise movement.

1957, silk scarves: 2,000,000 dozen. Silk handkerchiefs; 2,800,000 dozen.

(b) Price: Not less than the check price.

Export and Import Transaction Act.

(a) Volume: Yearly 93-piece Export trade control order.

do

and price.

against duty- (a) Volume: Quarterly (for Octo-
ber 1956-December 1956)
90,000 (1,000 square feet).
(b) Price: Not less than the check
price by grades.

Countermeasure against import- (a) Volume: For United States
restriction movement.

Swordfish, frozen (except steaks). To complement measures taken

for tuna.

and Canada for April 1956-
November 1956, 20,000 tons.

(b) Price: F. o. b. $270 per ton.
Inquiries and orders to be handled
exclusively through the export
association.

Price: Yellow fin f. o. b. $195 per
ton. Bonito f. o. b. $175 per
ton.

Volume: Yearly for April 1956-
March 1957, 4,000 tons.

(a) Suspicion of contravening Anti-
dumping Act in 1954.

(b) Makers' association has an
agreement based on the
middle and smaller Indus-
tries Stabilization Act.

(a) A request for a duty raise was
filed with the Tariff Com-
mission in 1954.

(b) Suspicion of Contravening
Antidumping Act in 1954.
(c) Exporters' association has an
agreement based on Export
and Import Transaction Act.
Producers have regulations on pro-
duction and marketing based on
the Agricultural and Marine
Products Export Promotion Act.
The association has an agreement
based on the Export and Importk
Transaction Act.
Same as albacore.

Export and Import Transaction (a) Exporters' association has an
Act.

agreement based on the Export and Import Transaction Act.you

(b) Producers have regulations on productions based on the Agricultural

Products Export Promotion Act.

Commodities

Objectives

Method

Basis

TABLE B.-Actual exports to United States of America

V. IMPORT ADJUSTMENT MEASURES

(Ministry of International Trade and Industry)

When commodities are imported against payment, the importer has, as a matter of principle, to obtain the necessary import permit from an authorized exchange bank. Such a procedure is necessary for the purpose of guaranteeing the inflow of the most essential commodities under the most favorable conditions within the framework of the foreign exchange budget, which is compiled semiannually, divided into the two main groups of commodities; i. e., those which are put under the fund allocation system and those which are placed under the automatic approval system.

Under the existing provisions, Japan's import adjustment is conducted either through establishing quotas by the settlement areas or through selecting the source markets of import commodities, depending upon whether the commodity in question belongs to the fund allocation category or to the automatic approval category.

To cope with the unfavorable dollar position caused by the deficit balance of payments against the dollar area as well as by the diminishing special procurements, relatively stricter import adjustment was deemed necessary against the dollar area. However, as will be made clear in the following paragraphs, these measures have been greatly relaxed in view of the recently improved situation.

1. Increased number of commodities put under automatic approval system

As shown in table A, the automatic approval list applicable to imports from dollar area, which consisted of 186 commodities as of April 1954, was extended to 221 commodities in April 1955, to 302 in April 1956, and finally to 340 in October 1956. Likewise, the budgetary provisions have been increased up to $102 million (authorization basis) for the first half alone of 1956 fiscal year compared to $79 million for the entire 1954 fiscal year (cf. table B).

2. Expansion of the foreign exchange budgets and the increased number of commodities put under the global quota system

As for the commodity groups under the fund allocation system, the foreign exchange budgets have been greatly increased. Above all the so-called global quota system, under which selection of source markets is left to the importer's choice in accordance with commercial considerations, has been expanded both in terms of budgets available and percentages in the total fund allocation imports.

TABLE A.-Number of commodities under automatic approval system

TABLE B.-Foreign exchange budgets for commodities under automatic approval

Source: Compiled by International Trade Bureau, Ministry of International Trade and Industry
TABLE C.-Foreign exchange budgets for fund allocation commodities

2. The budget for global quota commodities (B) does not include amounts for rice, sugar, salt, and for reserved funds.

VI. EXPORT PROMOTION MEASURES

(Ministry of International Trade and Industry)

The Japanese Government takes no measure of direct export subsidization, but in order to promote the knowledge of Japanese goods in the United States, it provides for Treasury subsidies to such works as the construction and advertisement of Japanese goods, which are chiefly carried out by the Japan External Trade Recovery Organization (JETRO). The activities of JETRO are as follows:

1. PR activity in the United States

The facts about Japanese industry, quality of Japanese goods, etc., are being introduced and advertised to the American public through newspapers and television broadcasting. In order to meet the expenses for these activities, the Japanese Government will grant a Treasury subsidy of 78 million yen ($216,000) in the 1956 budget year. 2. Administration of trade centers

Trade centers have been established in New York and San Francisco to exhibit Japanese goods, and to assist in trade negotiations, and office of agricultural and marine products have also been opened in New York and Long Beach to take care of advertisement, market re

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