TRADE WITH JAPAN.

Waikato Times, Volume 118, Issue 19663, 24 August 1935, Page 7

TRADE WITH JAPAN.

THE GOODWILL MISSION. ROOM FOR EXPANSION. (By Telegraph.—Press Association.) WELLINGTON, Friday. The members ol' the Japanese Goodwill Mission returned to Wellington to-day after visiting- Auckland, Hamilton and Rotorua. The delegation, headed by Mr Katsuji Debuchi, left for the South Island •to-night. They are accompanied by the Minister oi internal Affairs, Sir Alexander Young. Goodwill greetings from Japan were conveyed lo the business people of Wellington toy Mr.Debuchi, Ambassador Extraordinary, and personal representative of the Emperor of Japan, at a luncheon given by the Wellington Chamber of Commerce to-day. Mr Debuchi referred to the new era of Pacillc trade, and expressed the hope that Japan and New Zealand would work hand in hand for peace and prosperity In the future. There had never been, lie said, any economic basis of rivalry between New Zealand and Japan. The complementary nature of the exports of each country had made their economic interests reciprocal, and an expansion of trade between them would mean further mutual .progress and prosperity. “ Go Forward Together.” The lack of raw materials made Japan almost completely dependent on outside sources, Mr iDebuchi said. She would have lo increase her imports lo eopo with the increase in population, and those imports would be raw materials. Japan wanted New Zealand bides, skins and wool, and the demand for foodstuffs, such as meat, was increasing. In those .Holds New Zealand would undoubtedly find further possibilities for the development of tier exports to Japan. In return, Japan expected the Dominion in making her own purchases to study the possibilities of the market in the Orient. Mr Debuchi said ho hoped that New Zealand and Japan would go forward together, not only for prosperity and tlie security of the Pacific, but of the whole world. ____