home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
CNN Newsroom: Global View
/
CNN Newsroom: Global View.iso
/
txt
/
fpb
/
fpb0592.011
< prev
next >
Wrap
Text File
|
1994-05-02
|
3KB
|
77 lines
<text>
<title>
Trade With the Former Soviet Union
</title>
<article>
<hdr>
Foreign Policy Bulletin, May/June 1992
Trade With the Former Soviet Union: White House Statement
</hdr>
<body>
<p>Statement by White House Press Secretary Marlin Fitzwater, March
27, 1992.
</p>
<p> The remarkable changes occurring in Russia and the other new
States of the former Soviet Union offer the United States
Government and the private sector unique opportunities to
expand trade with these countries, especially in high technology
areas that have not before been readily available to us.
</p>
<p> The Administration's policy is to actively seek
opportunities to acquire goods, services, and technologies from
the new republics that benefit our economic and other security
interests and to encourage private business to expand their
search for new opportunities. We are particularly interested in
access to new technologies that can be acquired economically.
To facilitate this process we are moving to eliminate
restrictions that prevented normal trade during the Cold War.
We are therefore announcing today several steps to promote
greater levels of trade with these countries consistent with our
firm support for democratic and market economic reforms.
</p>
<p> First, the administration will promote a greater exchange of
technology between our countries in an area once closed by both
sides. Specifically:
</p>
<p>-- We will authorize the procurement by the Department of
Defense of the Russian Topaz space power unit that will give us
access to new technology at a significantly lower cost than if
we were to try to develop it ourselves.
</p>
<p>-- We will also authorize the purchase by the Department of
Defense of four Hall thrusters which have possible applications
for efficient orbital transfers of satellites, and we have
approved a license application for a private U.S. firm to
proceed towards the purchase of these devices.
</p>
<p>-- We will authorize a purchase of plutonium-238 from Russia,
an isotope of plutonium not used in nuclear explosives. This
purchase will allow us to meet NASA schedules for needed space
power supplies economically and without the need to restart a
nuclear reactor to do so.
</p>
<p> Second, we are also working to remove remaining barriers to
commercial imports of nonmilitary items involving the private
sector. In those few instances where import licenses may be
required, we will review such licenses expeditiously.
</p>
<p> Third, I would also note that the United States and our
allies have reduced COCOM [Coordinating Committee on Export
Controls] controls by over two-thirds and will continue to work
to ensure that we maintain only those controls on high
technology trade that are needed to protect our most vital
security interests. In that regard, the American business
community should be assured that export licenses for civilian
transactions will be processed expeditiously.
</p>
<p> These transactions clearly signal our desire to normalize
trade with the new States. Additional details are available in
a separate fact sheet.
</p>
<p>(Text from Weekly Compilation of Presidential Documents, March
20, 1992.)
</p>
</body>
</article>
</text>