99-11517. Notice of Opportunity To Apply for Membership on the U.S.-Korea Committee on Business Cooperation

[Federal Register Volume 64, Number 88 (Friday, May 7, 1999)]
[Notices]
[Pages 24581-24582]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-11517]


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DEPARTMENT OF COMMERCE

International Trade Administration


Notice of Opportunity To Apply for Membership on the U.S.-Korea 
Committee on Business Cooperation

SUMMARY: The Department of Commerce is currently seeking interim 
applications for membership on the U.S. side of the U.S.-Korea 
Committee on Business Cooperation (CBC). The purpose of the CBC is to 
facilitate stronger commercial ties between U.S. and Korean private 
sector businesses. This is accomplished by undertaking work programs, 
reporting on the results, and presenting written recommendations to the 
two governments. The CBC is chaired by the U.S. Secretary of Commerce 
and the Korean Minister of Commerce, Industry and Energy. Its 
activities are coordinated by an equal number of private sector 
representatives from the United States and Korea. The CBC held its 
second meeting in Seoul, Korea, on March 27, 1999. The work of the CBC 
is currently focused through eight sector-specific subgroups: (1) 
government procurement, (2) environmental technologies, (3) venture 
capital, (4) automobiles, (5) filmed entertainment, (6) electronic 
commerce, (7) a business opportunity network on the Internet, and (8) 
telecommunications. In particular, the Department is seeking 
representatives from the following sectors: electronic commerce, 
energy, and biotechnology.

MEMBERSHIP OPPORTUNITY: The CBC charter will expire October 1, 1999, 
and may be renewed upon the mutual agreement of the U.S. and Korea. 
There are several vacancies on the U.S. side of the CBC. Applications 
are now being sought for U.S. private sector members

[[Page 24582]]

to serve beginning immediately and until October 1, 1999. Private 
sector members will serve at the discretion of the Secretary. They are 
expected to participate fully in defining and implementing CBC work 
programs, reporting on the results, and presenting written 
recommendations to the two governments. It is expected that private 
sector individuals chosen for the CBC will attend at least 75% of CBC 
meetings, which are held alternately in the U.S. and Korea. Private 
sector members are fully responsible for travel, living and personal 
expenses associated with their participation in the CBC. The private 
sector members will serve in a representative capacity presenting the 
views and interests of the particular business sector in which they 
operate, not those of their individual firms. Private sector members 
are not special government employees.

Objectives

    The goals of the CBC are as follows:
     Identifying commercial opportunities, impediments, and 
issues of concern to the respective business communities;
     Improving the dissemination of appropriate commercial 
information on both markets;
     Adopting sectoral or project-oriented approaches to expand 
business opportunities, addressing specific problems, and making 
recommendations to decision-makers where appropriate;
     Promoting trade/business development and promotion 
programs to assist the respective business communities in accessing 
each market, including trade missions, exhibits, seminars, and other 
events;
     Facilitating appropriate technical cooperation; and
     Considering other steps that may be taken to foster growth 
and enhance commercial relations.

Membership Criteria

    Eligibility criteria. An applicant must be:
     a U.S. citizen residing in the United States; and
     not a registered foreign agent under the Foreign Agents 
Registration Act of 1938 (FARA).
    In reviewing eligible applicants, the Commerce Department will 
consider:
     Expertise in one of the business sectors noted above in 
which the CBC will be active;
     Readiness to initiate and be responsible for activities in 
one or more of the business sectors in which the CBC will be active; 
and
     Prospective member contributes to membership diversity of 
company size, type, location, demographics and/or traditional under-
representation in business.
    To be considered for membership, please provide the following: name 
and title of the individual requesting consideration; name and address 
of the company or organization sponsoring each individual; company's 
product or service line; size of the company; export experience and 
major markets; a brief statement of why each candidate should be 
considered for membership on the CBC; the particular segment of the 
business community each candidate would represent; a personal resume; 
and a statement signed by the applicant that he or she is a U.S. 
citizen residing in the United States and not a registered foreign 
agent under FARA. Up to two applicants from the same organization can 
be considered.

DEADLINE: In order to receive full consideration, requests must be 
received no later than May 25, 1999.

ADDRESSES: Please send your requests for consideration to Philip R. 
Agress, Director, Office of Korea and Southeast Asia, U.S. Department 
of Commerce, Room 2320, 14th St. and Constitution Ave., NW, Washington, 
D.C. 20230, fax [phone].

FOR FURTHER INFORMATION CONTACT: Linda Droker, Director, Korea and 
Taiwan Affairs, U.S. Department of Commerce, Room 2036, 14th St. and 
Constitution Ave., NW, Washington, D.C. 20230, telephone (202) 482-
3876, fax [phone].

Authority: 15 U.S.C. 1512.

    Dated: May 4, 1999.
Philip Agress,
Acting Deputy Assistant Secretary for Asia and the Pacific.
[FR Doc. 99-11517 Filed 05-06-99; 8:45 am]
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