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HR 1993 -- 10/13/99

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Office of Management and Budget
EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C. 20503

STATEMENT OF ADMINISTRATION POLICY
(THIS STATEMENT HAS BEEN COORDINATED BY OMB
WITH THE CONCERNED AGENCIES.)


October 13, 1999
(House)


H.R. 1993 - Export Enhancement Act
(Manzullo (R) IL and 64 cosponsors)

The Administration supports House passage of H.R. 1993, which would authorize important trade and investment programs of the Overseas Private Investment Corporation (OPIC), the Trade and Development Agency (TDA), and the Department of Commerce's International Trade Administration (ITA). OPIC, TDA, and ITA programs play a strong role in helping American companies compete in today's global environment and advancing U.S. interests overseas. These programs also provide substantial benefits to American workers, and provide an effective and efficient means of opening new markets that help to maintain economic growth and create new jobs.


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