Discussions With Prime Minister Noboru Takeshita of Japan
January 13, 1988
The President. It has been a great
pleasure to welcome Prime Minister Takeshita on his
first visit to Washington since taking office in
November. He is the leader of one of the world's great nations and one of America's most valued friends.
meetings were constructive and amiable. We discussed the vital issues of the
day and established an excellent personal rapport. Good personal relationships
between the leaders of Japan and the United States are essential as our
two nations strive to confront the challenges of this century and the next.
our discussions today, Prime Minister Takeshita and I
found that our views on international questions coincide to a remarkable
degree. We share an abiding commitment to democratic institutions and to free
markets to protect freedom and human rights. We are dedicated to improving the
economic well-being not just of our own people but of all mankind.
this regard, I was especially pleased with the Prime Minister's global economic
perspective. He outlined significant plans for expanding Japanese domestic
demand and stimulating growth. He reviewed Japan's plans to increase its
foreign assistance budget next year to an amount second only to that of the United States. And he expressed Japan's determination to
continue the process of economic adjustment. The Prime Minister and I discussed
and affirmed our support for the economic policy coordination process adopted
at the Tokyo and Venice economic summits. A
joint statement concerning our bilateral undertakings in that regard will be
U.S.-Japan treaty of mutual cooperation and security is the foundation upon
which our relationship is built. I was satisfied to note that U.S.-Japan
cooperation in the national security area is strong and growing and that Japan's recently announced
budget provides for continued significant increases in the area of national
defense. Japan's growing contribution
to the maintenance of U.S. forces in Japan is of immense value to
the United States. I might add that Japan's national defense
program is entirely consistent with the concept of self-defense and in no way
poses any threat to others.
our meetings, I briefed the Prime Minister on the details of last month's
summit. We agreed on the benefits of the INF treaty, and he was encouraged by
the possibility of even further arms cuts with the Soviet Union. I was gratified that
the Prime Minister expressed Japan's fullest support of
our actions, and I assured him that we would consult fully with all of our
allies as we continue our discussions with the Soviet Union.
Prime Minister and I recognized the danger posed to our mutual security in the
export of certain kinds of high technology. The Prime Minister assured me that Japan has taken the necessary
legislative and administrative measures to prevent technology leakage. I told
the Prime Minister that I appreciated his actions and his commitment to the
vigorous implementation of controls over exports of sensitive technology. The
Prime Minister and I concur on the importance of the new nuclear cooperation
agreement. We believe it to be a good agreement, and we will exert our best
efforts to have it come into force expeditiously.
Prime Minister noted that Japan's global trade surplus
is declining and underlined his determination to address bilateral issues. I
was pleased with his assurance that he intends to resolve a particularly
difficult trade issue -- the problem of access for the U.S. construction industry
-- in a satisfactory manner. We agree the Uruguay round [of the General
Agreement on Tariffs and Trade] must succeed and that revision of the world
trading system should include a comprehensive reform of trade in agriculture
and services. I expressed appreciation for the Prime Minister's efforts on
trade, stressing the urgency of expanding opportunities for U.S. farmers and other
exporters at a time of increasing pressure for protectionism here in the United States. We concurred on the
importance of keeping trade flowing and barriers down. For our part, I intend
to continue my efforts to reduce our budget deficit, improve American
competitiveness, and combat protectionism.
reaffirmed our determination to conclude a new science and technology
agreement, with equitable and expanding research benefits for scientists of
both countries. I expressed appreciation for Japan's initiatives to
provide more than $4 million in science fellowships to American researchers. We
also reaffirmed the spirit of the 1983 U.S.-Japan joint policy statement on
Prime Minister and I noted with satisfaction political developments in the Republic of Korea and our intention to
help make the 1988 Olympic games a success. We also
pledged to do our utmost to help the Philippine Government and its people in
this period of economic adjustment.
sum, our talks were positive and forthright, and it's been a great pleasure to
have the Prime Minister here with us in Washington. I look forward to
being with him again in Toronto this spring.
The Prime Minister. Thank you, Mr. President.
I'm extremely pleased with the results of the cordial and candid exchange of
views I had with you today. Thanks to your efforts over the past years, Mr.
President, the historic INF treaty was signed last month. I look forward to its
expeditious entry into force. And as one representing a member of the West, I
am determined to firmly support the President in his pursuit of substantive
progress in East-West relations, where much remains to be done across a broad
spectrum of areas.
President and I confirm that the cooperative relationship between Japan and the United States, with the unshakable
security arrangements as its cornerstone, is essential for the peace and
stability of the Asia-Pacific region. I will continue my efforts, with the
cooperation of the President, for further strengthening the credibility of the
Japan-U.S. security arrangements.
explained to the President that the Government of Japan has continued to
provide the funds necessary for achieving its current defense program. Japan has also continued to
increase its host nation support for U.S. forces in Japan, whose stationing is an
indispensable part of the Japan-U.S. security system. Moreover, in view of the
recent economic conditions adversely affecting the financial situation of U.S. forces, I noted to the
President that the Government of Japan has decided on its own initiative to
increase further Japan's share of such
President and I agreed that today, more than any other time in history, policy
coordination among major countries is required to ensure sustained growth of
the world economy and to correct external imbalances. In this respect, we
agreed that the roles to be fulfilled by Japan and the United States are of vital
importance. We shared the recognition that, together with the measures taken by
individual countries, stability of exchange rates is indispensable to the
achievement of these goals as described in our joint statement.
aware of the heavy responsibility commensurate with Japan's status in the
international economy, I am determined to carry out a vigorous economic
management policy with emphasis on domestic demand expansion to promote
structural adjustment to the improved market access and to strive for a further
steady reduction of the current account surplus.
this connection, I explained to the President that despite an expected drop in
net exports, Japan's growth for fiscal
year 1988 is now projected at 3.8 percent, a rate higher than the previous
fiscal year, through the formation of the fiscal '88 budget geared toward
domestic demand expansion with a substantial increase in public works spending.
I also explained the prospect for a $10 billion reduction in Japan's current account
surplus for fiscal '88 through these measures. The President highly appreciated
my explanation. The President, on the other hand, explained that the measures
for budget deficit reduction have been enacted based upon the recognition that
deficit reduction is essential to the stability of today's world economy. I
paid tribute to the President for his endeavors.
regard to various economic and trade issues which arise as a matter of course
between two increasingly interdependent economies of Japan and the United
States, the President and I confirmed the basic posture that their solutions
should be sought in the spirit of cooperation and joint endeavors and with the
aim of expanding, and not contracting, economic exchanges. I expressed my hope
that a mutually satisfactory solution will be reached on the pending issue of
access to major Japanese public works on the basis of the proposal that Japan has recently made. I
also stated to the President the need for early resolutions of the pending
issue of Japan-U.S. semiconductor trade.
President and I exchanged views on the trade bill currently under deliberation
in the U.S. Congress, and I expressed my firm support to the President's
determination to contain protectionism. The President and I shared the
recognition that this year is especially important for the success of the Uruguay round and agreed that
our two countries should take the lead in its promotion.
explained Japan's intensive efforts to
prevent the recurrence of illegal diversion of high technologies. The President
highly appreciated the measures which Japan has taken for this
purpose. In this connection, I expressed Japan's deep concern about
moves in the U.S. Congress toward sanctions against foreign companies,
including Toshiba Corporation. The President and I agreed on the importance of
enhancing the cooperation in the field of science and technology. I explained
about my government's initiatives to increase the number of American scientists
who will be invited to Japan for research. The
President welcomed these initiatives.
expressed my views concerning the recycling of funds to the developing
countries, including the quantitative and qualitative improvement of our
official development assistance, in particular, and stated that in the draft
budget for fiscal '88, an increase of 6.5 percent over the previous year was
secured for ODA [official development assistance]. In this connection, I was
encouraged that the President appreciated highly my recent participation in the
ASEAN [Association of South East Asian Nations] summit and my subsequent visit
to the Philippines. The President and I
affirmed, in particular, to continue our support to the Aquino
government and to welcome the Republic of Korea's firm stride along the
road of democracy, as evident in the recent Presidential election, as well as
to cooperate closely towards the success of the Seoul Olympics this fall.
President and I agreed on the importance of the new Japan-U.S. nuclear
cooperation agreement and its prompt entry into force. The President and I,
looking forward to a successful Toronto summit, agreed to meet
again in Toronto.
completing my meeting with you, Mr. President, I feel confident that we have
strengthened further the foundation of the relations between our two countries.
It is my determination to build upon this basis to make Japan a nation that
contributes to the world.
wish to express my heartfelt appreciation to President and Mrs. Reagan for the
warm welcome extended to me and my wife as well as our gratitude to the
American people for their kindness and consideration during our stay.
you very much.
Note: The President
spoke at in the East Room at the White House. The Prime Minister
spoke in Japanese, and his remarks were translated by
an interpreter. Earlier, the President and the Prime Minister met in the Oval
Office and then attended a luncheon in the Residence.