§ Q29. Sir David Price
asked the Prime Minister whether she is satisfied with the present state of trade relations between the United Kingdom and Japan.
§ The Prime Minister:
Japan's exports to this country continue to rise while our sales there are stagnant. I made it clear in my talks with the Japanese Government last month that there is much that Japan can do about this wide imbalance. It can make it easier for our exporters to sell to Japan; it can moderate exports in sensitive sectors; and it can step up efforts to encourage investment in this country and collaborative ventures with British industry and make major capital purchases from us such as aircraft. There has been some movement on these fronts but by no means enough.