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Hearing Before the Committee on Foreign Relations United States Senate




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Hersteller:Forgotten Books (Author, Unknown)
Stand:2015-08-04 03:50:33

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Excerpt from Hearing Before the Committee on Foreign Relations United States Senate: One Hundred Third Congress, First Session, September 10, 1993 The committee met, pursuant to notice, at 10:50 a.m., in room SD-419, Dirksen Senate Office Building, Hon. Claiborne Pell (chairman of the committee) presiding. Present: Senator Pell. The Chairman. The Committee on Foreign Relations will come to order. The first order of business is to apologize to those who are here both as witnesses and people in the audience, but we were delayed at a ceremony at the White House and I do apologize. This morning we will be considering the bilateral investment treaties with Argentina, Armenia, Bulgaria, Ecuador, Kazakhstan, Kyrgyzstan, Moldova, and Romania. The principal purpose of the bilateral investment treaties is to promote the free flow of international investment and to protect our own American investment in foreign countries. There are currently investment treaties in force with 13 countries. In addition to the 8 treaties before the committee this morning, the administration is negotiating similar treaties with 20 additional countries. In view of the rapid expansion of these treaties, we are eager to hear how successful these treaties have been in increasing U.S. investment. I will be particularly interested to learn whether there is any evidence to suggest that increased investment as a result of the protection of these treaties may result in a reduction in direct U.S. foreign assistance over a period of time. We have received statements in support of these treaties from the National Association of Manufacturers, the United States Council for International Business, and Joel Messing, an international lawyer, which, without objection, will be made a part of the record of this hearing. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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