[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[February 10, 1992]
[Page 221]
[From the U.S. Government Publishing Office www.gpo.gov]



[[Page 221]]

Statement by Press Secretary Fitzwater on the Export Enhancement Program

February 10, 1992
    The President met on February 10 with his key advisers to review the 
U.S. Export Enhancement Program (EEP). Secretaries Brady and Madigan, 
Richard Darman, Chief of Staff Samuel Skinner, Michael Boskin, General 
Scowcroft, Roger Porter, Michael Moskow, Robert Zoellick, and Timothy 
Deal participated in the meeting.
    EEP was established in 1985 to help U.S. agricultural producers meet 
subsidized competition in foreign markets.
    The group reviewed the existing criteria for approval of EEP sales 
with particular reference to several outstanding applications from 
potential foreign purchasers. There was general agreement that in 
considering whether to approve specific EEP proposals U.S. agencies must 
weigh the nature of the competition in the foreign market (i.e. 
subsidized v. nonsubsidized competition), U.S. historic presence in the 
market, and the budgetary impact of such sales.
    U.S. agencies will apply these and other criteria in deciding on the 
merits of existing and future EEP proposals.