Export Controls On Advanced Telecommunications Hearing Before the Subcommittee
Export Controls On Advanced Telecommunications Hearing Before the Subcommittee
Trade United States Congress House Committee On Forei
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Our country wants to foster economic reform and Western investment in Russia and China and yet CoCom denies those countries the information technology most cru- cial to economic growth. At home, economic growth is closely tied to high-tech exports. The growth in exports of telecommunications switching and trans- mission equipment has been one of the great success stories in international trade. If that story is to continue, we need access to the countries that promise to be the greatest markets.... America's exporters and our domestic economy would pay dearly for main- taining CoCom's export control policy. 15 AT&T estimates that those controls jeopardize about a half bil- lion dollars in sales over the next 5 years and when sales are jeop- ardized, jobs are jeopardized. In the AT&T business units most af- fected by the export controls, we need revenue increases of 5 to 10 percent a year just to maintain current employee levels. We will not realize those revenue gains if our own government continues to limit our access to countries like Russia and China.
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