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BUSINESS
November 12, 1991 | LESLIE HELM, TIMES STAFF WRITER
When it comes to rolling out new trade initiatives, no one does it better, or with more frequency, than Japan's Ministry of International Trade and Industry. In a meeting Monday with U.S. Secretary of State James A. Baker III, MITI Minister Kozo Watanabe outlined the latest plan to muffle criticism of Japan by shrinking its burgeoning trade surplus.
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BUSINESS
November 12, 1991 | LESLIE HELM, TIMES STAFF WRITER
When it comes to rolling out new trade initiatives, no one does it better, or with more frequency, than Japan's Ministry of International Trade and Industry. In a meeting Monday with U.S. Secretary of State James A. Baker III, MITI Minister Kozo Watanabe outlined the latest plan to muffle criticism of Japan by shrinking its burgeoning trade surplus.
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BUSINESS
April 25, 1995 | Times Staff and Wire Reports
Financing Completed for Indonesia Plant: A group that includes SCEcorp's Mission Energy Co. unit closed $2.5 billion in financing to build the coal-fired power plant in East Java. The bulk of the funding, $1.82 billion, comes from the Export-Import Bank of Japan, with support from Japan's Ministry of International Trade and Industry, the Export-Import Bank of the United States and the Overseas Private Investment Corp. of the United States. A group of eight commercial banks is also contributing.
NEWS
April 29, 1988
U.S. intelligence agents in Singapore foiled a bid by North Korea to buy hundreds of computers from Japan, the Kyodo News Service reported. The Japanese news agency quoted unidentified U.S. sources in Singapore as saying that CIA agents discovered in March that 500 computers ordered from a Japanese trading company, NEC Corp., for export to a company in Jakarta, Indonesia, were destined for North Korea.
BUSINESS
June 6, 1994
Business Spending Expected to Increase: Capital spending by Japanese businesses is expected to rise 1.1% to $161.5 billion in the year ending March, 1995, finishing off a two-year decline, Japan's Ministry of International Trade and Industry said, according to Jiji Press. Spending by manufacturers is expected to fall 3.5%, and outlays by non-manufacturing companies are likely to rise 3.6%, according to a survey of 1,615 major companies at the end of March.
BUSINESS
July 13, 1998
Edison Mission Energy of Irvine said it has completed financing for a $400-million, 700-megawatt power plant in Thailand. The Tri Energy plant is Thailand's first independent power project to close financing in 1998. A consortium of nine international banks will provide financing, supported by the U.S. Overseas Private Investment Corp. and Japan's Ministry of International Trade and Industry. Edison Mission Energy owns 25% of Tri Energy.
NEWS
May 19, 1992
"(Americans think) 'What is good for America is good for the world.'. . . I think it's all right to agree with 90% of that ... but when Americans say it, other peoples resent it." --. Naohiro Amaya, a former vice minister of Japan's Ministry of International Trade and Industry (MITI) "The souring of U.S.-Japan relations has become a matter of great concern inside and outside the Asia-Pacific region." --. Yukio Sato, director of the North American Bureau of Japan's Foreign Ministry.
BUSINESS
September 23, 1993 | From Times Staff and Wire Reports
Foreign Share of Japanese Semiconductor Market Slips: Japan's Ministry of International Trade and Industry, citing figures from the U.S. trade representative's office, said the share of foreign chips in the Japanese market fell by 0.4 percentage point to 19.2% in the April-June quarter. It was the second consecutive quarterly decline. U.S. Trade Representative Mickey Kantor said the United States is "extremely concerned" about the decline.
BUSINESS
February 28, 1987
The senators told a top trade official from Japan that if Japanese car makers don't buy more U.S. auto parts, Congress may pass protectionist legislation. Sens. Dan Quayle, (R-Ind.), Carl Levin, (D-Mich.), and Pete Wilson, (R-Calif.), met with Makoto Kuroda, vice minister of Japan's Ministry of International Trade and Industry, who is in this country for the latest round of bilateral negotiations on U.S.-Japan trade in auto parts and accessories. U.S.
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