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NSDD 229 United States/Australian Relations: Policy for the Official Working Visit to the United States of Australian Prime Minister Bob Hawke, April 17, 1986

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SEGRET - 4 - UNGLASSIHED (b)() (s) Economic Relationship Fourth, in the trade area we should seek: - To emphasize to the Australians the degree to which we do take Australian agricultural concerns into account in our policy formulation, and implementation and the extent to which we have maintained an open market for Australian exports. - To encourage the Australians to recognize that the root cause of declining wheat prices is the changed supply/demand balance resulting, inter alia, from subsidized EC exports and increased production in consuming countries. - To indicate to the Australians that reduced U.S. agricul - tural price supports are a first step toward greater sensitivity to market signals. x (b)1) (C) -CEGRET UNCLASSIFIED