The European Community - Japan Automobile Agreement

Description

The European Community (EC) and Japan reached an agreement on trade in automobiles in July 1991. The agreement restricts exports of automobiles from Japan to the EC to 1.23 million cars per year until the end of 1999. The Commission of the European Communities estimates that Japanese transplant production in the EC will amount to 1.2 million cars per year in 1999. The Japanese appear to concur with this estimate but do not agree that it constitutes a cap on transplant investment or production. Whether the agreement covers the export of U.S.-built Japanese transplants to the EC is unclear. If … continued below

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Harrison, Glennon J. January 27, 1992.

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Description

The European Community (EC) and Japan reached an agreement on trade
in automobiles in July 1991. The agreement restricts exports of
automobiles from Japan to the EC to 1.23 million cars per year
until the end of 1999. The Commission of the European Communities
estimates that Japanese transplant production in the EC will amount
to 1.2 million cars per year in 1999. The Japanese appear to concur
with this estimate but do not agree that it constitutes a cap on
transplant investment or production. Whether the agreement covers
the export of U.S.-built Japanese transplants to the EC is unclear.
If the agreement covers, or has the effect of discouraging, such
exports, it would be a cause for concern for U.S. policymakers.
U.S. trade officials have reportedly discussed the issue with
Japanese counterparts. It is unknown whether U.S. concerns have
been addressed to European Community (EC) officials.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • January 27, 1992

Added to The UNT Digital Library

  • June 12, 2005, 10:20 a.m.

Description Last Updated

  • June 1, 2020, 9:17 p.m.

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Harrison, Glennon J. The European Community - Japan Automobile Agreement, report, January 27, 1992; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metacrs40/: accessed April 24, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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