[Weekly Compilation of Presidential Documents Volume 34, Number 11 (Monday, March 16, 1998)]
[Page 407]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Memorandum on Most-Favored-Nation Status for Vietnam

March 9, 1998

Presidential Determination No. 98-18

Memorandum for the Secretary of State

Subject: Presidential Determination Under Subsection 2(b)(2)(D) of the 
Export-Import Bank Act of 1945, as Amended--Vietnam

    Pursuant to subsection 2(b)(2)(D) of the Export-Import Bank Act of 
1945, as amended, I determine that it is in the national interest for 
the Export-Import Bank of the United States to guarantee, insure, extend 
credit, and participate in the extension of credit in connection with 
the purchase or lease of any product or service by, for use in, or for 
sale or lease to Vietnam.
    You are authorized and directed to report this determination to the 
Congress and publish it in the Federal Register.
                                            William J. Clinton

Note: This memorandum was released by the Office of the Press Secretary 
on March 11.