A resolution urging the President to give priority attention, in forthcoming discussions with Japanese government leaders, to current imbalances in the yen-dollar relationship having an adverse impact on United States goods and services in interstate and foreign commerce.

Summary

Expresses the sense of the House of Representatives that: (1) the President should give priority attention, in discussions with the Japanese, to the realignment of the yen-dollar exchange rates and to achieving greater equilibrium in the flow of goods, services, and investments between the two countries; and (2) measures to achieve such equilibrium should include mechanisms for close consultations and policy coordination in order to maintain acceptable fluctuations in the value of the yen, reduce disparities in the interest-rate levels, and allow equivalent access of foreign investors to domestic capital markets.

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1 official file

• Introduced in House

  summary · EN · 6 October 1983

  Open at official source

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