Canberra,

Moved by a desire to promote and maintain commerce and trade
between Japan and Australia at the highest possible level, and
having agreed to the Australian Government's proposal to exchange
the requests of both Governments regarding those matters which
they wish to include in a trade agreement between the two
countries, the Japanese Embassy, on behalf of its home Government,
submits to the Australian Government its requests concerning

Japanese exports to Australia which are set forth as follows:

(1) That the Australian Government will apply G.A.T.T. provisions
to commerce and trade between Japan and Australia, extending
particularly Most-Favoured-Nation treatment with respect to
customs tariff to Japanese products which are imported in the
Australian markets, and

(2) That the Australian Government will abolish the discriminatory
treatment in the licensing of certain Japanese commodities
mentioned in the Reserved List [1], thereby placing Japanese
commodities on not less favourable footing than those from other
non-dollar countries in the import licensing system.