A concurrent resolution urging the extension of the voluntary restraint agreement affecting imports of Japanese-built motor vehicles.

Urges the President to extend the voluntary restraint agreement with Japan concerning Japanese-built motor vehicles for an additional three years at a specified vehicles per year level except that the import level for each year of the restraint period will be increased by 15 percent of the previous year's level if: (1) the value of the U.S. farm commodities imported into Japan during that year exceeds by a specified dollar amount the level of such imports of the previous year's; and (2) the value of U.S. manufactured goods imported into Japan increases by a specified dollar amount during each year of the restraint period.