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<br />f'- <br />(0 <br /> <br />. <br /> <br />. <br /> <br />(. .~ <br /> <br />sources. A trade agreement would cement this government- <br /> <br />~ <br /> <br />(~. \ <br />~) to-government, industry-to-industry relationship between the <br /> <br />U.S. and Japan. <br /> <br />Our goal in the coming months is to simultaneously execute the <br /> <br />trade agreement and receive letters of intent from Japanese <br /> <br />coal users, thus allowing WESTRANS to proceed toward <br /> <br />realization. U.S. investors will be further motivated to <br /> <br />expedite the project when both objectives have been <br />accomplished. <br /> <br />Another activity we expect to accomplish in 1985 is startup of <br /> <br /> <br />a facility to demonstrate the liquid C02 transport technology <br /> <br />on a commercial scale. Southwest Public Service Company is <br /> <br />currently building such a facility and we are negotiating for <br />the option to participate. <br /> <br />As you are aware, we are committed to support the salinity <br /> <br />control program. During the 6 month period after forming a <br /> <br />business partnership, we will conduct a technology seminar and <br /> <br />work with Reclamation to identify projects that appear to be <br /> <br />technically and economically feasible and have potential for <br /> <br />"privatization." Walt Fite will explain these activities in <br /> <br />more detail. It is important to note that we cannot initiate <br /> <br />salinity control activities until the partnership has been <br /> <br />formed because of limited funds. <br /> <br />5. <br />