European Stars and Stripes (Newspaper) - September 25, 1994, Darmstadt, Hesse                                Sunday september 25, 1994 ., japan7 bid to avoid m. " i. I m ism Jbv Ham 0. By. A bbb Bim 1 a. To Wim m by it 1 to qq6 uutti6 Washington a with the clock tick ing  And japanese negotiators Are still searching for Trade agreements that will Avert threatened  Sanctions. Officials on both sides indicated that Progress was being made in two key areas opening Japan s insurance Market to foreign firms and expanding opportunities for foreign companies to sell telecommunications and medical equipment to the japanese government. . Trade representative Mickey Kantor and japanese foreign minister Yohei Kong met for almost two hours Friday and planned to meet again saturday. . Officials were stressing that Given the his tory of past negotiations with Japan the talks could run right up to next Friday s deadline. Officials close to the discussions who spoke on condition of anonymity stressed that the deals Are not completed yet and could come apart Over the still contentious Issue of How to measure Suc  published report Friday said that new Lan Guage being put Forward by Japan Bri the measurement question could represent a Long awaited breakthrough in the discussions. The japanese Are proposing that annual value and share of sales by foreign companies will be used to evaluate whether Progress toward the goals of each sector Are being achieved the Wall Street journal reported. . Officials refused to characterize the new japanese language and Takeshi Nakane press spokesman for the foreign ministry would Only say that both sides Are exchanging several ideas.". / new York a weekly investing com Addis Cap 20.52 20.11 20.13 .49panles giving to High Low and last Navior the adv Balun 10,26 10.06 10.06 .22, week writ me net change from the previous adv cretan .9.40 9.36 9.36 .02 week s last Nav. 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A feb to Mph the my telecommunications Industry  .-.". ,m.- by the Washington Post same time other companies arc legally barred Frorer Jbf Washington after hundreds of hours of be Fering local phone service. Got nations and thousands of pages of drafts efforts to this slows the convergence process significantly overhaul the nation s Basic telecommunications Law for said Blake Bath an analyst with Sanford c. Bernstein the first time in 60 years stopped Friday. & co. In new York. I Don t think the regional Bell sen. Ernest f. Hollings d-s.c., sponsor of the sen companies will be in the Long distance Market for at ate s version of the legislation announced that he was least five years because of this  ending efforts to pass it this year. Hollings blamed what it s unfortunate said Aubrey Sarvis vice president he called unreasonable demands from the baby Bells of Federal relations at Bell Atlantic corp., which pro As the regional Telephone companies Are called. The Yides local phone service in the a Ashington area. The companies expressed disappointment and said they had company had worked hard and made a substantial in worked hard to reach a Compromise vestment in getting a Good  Industry analysts and executives said the delay will cancelling the legislation clearly delays our entry into slow Down construction of the Long promised inform the Long distance business Sarvis said. But in terms of Tion superhighway. The immediate initiatives i Don t S.C.any  the telecommunications Reform had promised to existing plans by the local phone companies S.C. As Spur that vision by bringing Competition into the now Bell Atlantic s pending video on demand service in tie largely monopolized local Telephone and Cable Televik Washington area will continue because the companies Sion markets. Most local Telephone companies Are have special regulatory authority to do so. Similarly barred from offering Long distance or Cable service or plans by Maryland s Montgomery county Cable to sys manufacturing communications equipment. At the Tern to offer Telephone service also will proceed. Iacocca firm Indian tribes plan Casino ".-. ,. Romulus Mich. A company Iri which for All four tribes already operate casinos in Northern Mer Chrysler chairman Lee Iacocca owns an interest Michigan. Will try to develop a Casino near Detroit with four Indi under the agreement full House would put up As an tribes a newspaper reported Friday. Much As $100 million for the Casino project excluding the tribes signed an agreement earlier this month land costs and receive 24 percent of the net profits with full House resorts inc., the Detroit free press from the operation said. The proposed Casino would be in the City of Romu Iacocca who bought a 10 percent stake in full Lus which owns about 1,000 acres of undeveloped land House in May for $4.5 million merged his company near Detroit metropolitan Airport. Lee Iacocca & associates with full House last month. Romulus mayor Beverly Mcanally said thursday full House currently runs a Casino hotel in South a that the City has no Deal to sell land to full House and Kota and a resort in Florida. Was talking with other companies about developing a the four tribes that signed the agreement with full Casino within the City. House Are the Hanna Hville Indian Community the Lac  Interior Secretary Bruce Babbitt and gov. John Vieux desert band grand traverse band and Pewee Engler would have to approve any new tribal Casino naw Bay Indian Community. Project. " -. _ _. _ Mutual -. ".  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