[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[July 30, 1992]
[Pages 1206-1207]
[From the U.S. Government Publishing Office www.gpo.gov]



Message to the Senate Transmitting the Protocol to the Finland-United 
States Friendship, Commerce, and Consular Rights Treaty

July 30, 1992
To the Senate of the United States:
    With a view to receiving the advice and consent of the Senate to 
ratification, I transmit herewith the Protocol to the Treaty of 
Friendship, Commerce, and Consular Rights Between the United States of 
America and the Republic of Finland of February 13, 1934, as modified by 
the Protocol of December 4, 1952, signed at Washington on July 1, 1991. 
I transmit also, for the information of the Senate, the report of the 
Department of State with respect to this protocol.
    This protocol will establish the legal basis by which the United 
States may issue investor (E-2) visas to qualified nationals of Finland. 
The protocol modifies the U.S.-Finland friendship, commerce, and 
navigation (FCN) treaty to allow for entry and sojourn of investors. 
This is a benefit provided in the large majority of U.S. FCN treaties. 
It is also a benefit already accorded to U.S. investors in Finland who 
are eligible for visas that offer comparable benefits to those that 
would be accorded nationals of Finland under E-2 visa status.
    As I reaffirmed in my December 1991 policy statement, the United 
States has long championed the benefits of an open investment climate, 
both at home and abroad. U.S. policy is to welcome market-driven foreign 
investment and to permit capital to flow freely to seek its highest 
return. Finland also provides an open investment cli-

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mate. Visas for investors facilitate investment activity and thus 
directly support our mutual policy objectives of an open investment 
climate.
    I recommend that the Senate consider this protocol as soon as 
possible and give its advice and consent to ratification of the protocol 
at an early date.

                                                             George Bush

The White House,
July 30, 1992.