[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[May 1, 1992]
[Page 684]
[From the U.S. Government Publishing Office www.gpo.gov]



Statement by Press Secretary Fitzwater on Relaxation of Restrictions on 
Exports to Hungary

May 1, 1992
    We welcome the decision by the Coordinating Committee of 
Multilateral Export Controls (COCOM) to remove Hungary from the list of 
proscribed destinations, effective today. COCOM's action is part of the 
ongoing efforts to liberalize COCOM controls in light of our 
dramatically changed world.
    Hungary is the first country ever to be removed from the COCOM list. 
This is a tribute to Hungary's democratic transition and its adoption of 
safeguards on the use or transfer of controlled technologies. The U.S. 
cooperated closely with Hungary in the design and implementation of its 
export control safeguard system. As a consequence of COCOM's decision, 
Hungary will have access to more sophisticated levels of Western 
technology that are important to its economic modernization. U.S. 
exporters will benefit from the relaxation of these licensing 
restrictions on exports to Hungary.