Your 948.  Resumption of Private Trade with Japan.
1. Although we have maintained that resumption of private trade is question which should have been decided at the Peace Settlement, we were compelled to participate to ensure that Australian trading interests were not placed at a disadvantage.
2. We feel that any advantages resulting from the reopening of private trade with Japan should be shared by the countries who contributed to the defeat of Japan and that the extension of trading facilities to non-F.E.C. countries (particularly countries who are not members of the United Nations) is premature. However, if substantial majority of F.E.C. countries support paper you should not oppose it.