Word: tradings
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...frustrated by the complex regulations that seem to do nothing except complicate their sales. A study by the National Academy of Sciences estimates that U.S. restrictions on high-tech exports cost American firms more than $11 billion annually in lost business. As the U.S. works to reduce its trade deficit and recapture overseas markets, those restrictions amount to a self-imposed trade barrier the U.S. can scarcely afford. Furthermore, maintains Harvard's Lewis Branscomb, former chief scientist at IBM, the scope of restricted items, from straitjackets to wind tunnels, is unnecessarily broad. "It would be nice to ensure that...
...found itself locked in a philosophical battle with its allies over trade with the Communist world. It is virtually impossible, many Europeans observe, to clench fists and shake hands at the same time. In an era of economic interdependence, they argue, Soviet economic growth could lead to a more sophisticated, more consumer-oriented and ultimately more peaceful U.S.S.R. Some allies resent what they feel is heavy-handed pressure from Washington to keep up cold war suspicions at the precise moment when many nations are working to ease tensions with the Soviet Union...
Pentagon officials were especially frustrated by the Consarc case because the technology breach was potentially devastating and perfectly legal. Consarc even managed to persuade the British Trade Ministry to insure the project for $11 million. Growled Stephen Bryen, who heads the Pentagon's export-control program: "This was an instance of really bad licensing by the British. It was an absolutely squalid case...
...British trade officials are not alone in provoking the wrath of U.S. authorities. In May 1985, according to the French newsmagazine L'Express, five cases of industrial materials were shipped via Air France from Paris to Luxembourg, where the crates were to be placed aboard an Aeroflot plane bound for Moscow. French customs agents had not bothered to check out the cases, but Luxembourg officials demanded they be opened. Inside they found equipment for the manufacture of so-called bubble memory chips, a U.S.-made state-of-the-art semiconductor ideally suited for storing guidance information in missiles. A French...
Some officials point to signs of progress since the scandals of the summer and fall. After years of criticism from Washington, Austria changed its trade laws and promised it would do its best to stop the flow of high-tech goods through Vienna, which is regarded as a major transshipment point. Japanese officials are investigating some 20 cases of technology transfers that may violate COCOM regulations...