[Federal Register Volume 60, Number 168 (Wednesday, August 30, 1995)]
[Notices]
[Page 45140]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21559]
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DEPARTMENT OF COMMERCE
International Trade Administration
U.S.-Argentina Business Development Council--Commercial Law
Initiative
AGENCY: International Trade Administration, Commerce.
ACTION: Notice of Opportunity to Participate in Commercial Law
Initiative.
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SUMMARY: On January 25, 1995, Secretary of Commerce Ronald H. Brown and
Argentine Minister of Economy and Public Works and Services Domingo
Cavallo signed Terms of Reference establishing the United States-
Argentina Business Development Council (``BDC''). The purpose of the
BDC, a bilateral, public-private sector council, is to provide a forum
for cooperation through which U.S. and Argentine public and private
sector representatives can exchange information on commercial matters
and encourage discussion on various themes related to bilateral
business development and trade promotion. The BDC is comprised of a
U.S. section and an Argentine section. The U.S. section is comprised of
U.S. government officials and Chief Executive Officers and other top
management level employees of U.S. companies with commercial interest
in and experience with Argentina. The activities of the BDC may
include, but are not limited to, the following: identifying commercial
opportunities, impediments and issues of concern to the U.S. and
Argentine business communities; improving dissemination of information
on U.S.-Argentine market opportunities; developing sectoral or project
oriented approaches to expanding business opportunities; implementing
trade and business development programs; and other appropriate steps to
foster commercial relations between the United States and Argentina. To
implement these activities, the BDC has formed various working groups,
one of which is the Commercial Law Working Group (``Law Group''). The
Law Group intends to implement a cooperative work program called the
Commercial Law Initiative or CLI, including information exchange
activities and legal seminars.
DATES: In order to receive full consideration, comments must be
received no later than: September 13, 1995.
ADDRESSES: Ursula Odiaga Iannone, Attorney-Advisor, Office of the Chief
Counsel for International Commerce, U.S. Department of Commerce, Room
5624, 14th and Constitution Avenue N.W., Washington, DC 20230; FAX
(202) 482-4076.
FOR FURTHER INFORMATION CONTACT: Ursula Odiaga Iannone, Attorney-
Advisor, Office of the Chief Counsel for International Commerce, U.S.
Department of Commerce, Room 5624, 14th and Constitution Avenue N.W.,
Washington, DC 20230, (202) 482-1614.
SUPPLEMENTARY INFORMATION:
Commercial Law Initiative
The Law Group is co-chaired by the General Counsel of the
Department of Commerce and the Undersecretary of Legal Affairs of the
Argentine Ministry of Economy and Public Works and Services. The Law
Group intends to implement a cooperative work program, the Commercial
Law Initiative, to increase mutual understanding of the U.S. and
Argentine legal systems as they affect U.S.-Argentine bilateral
commerce (``commercial law''). Possible avenues of cooperation include:
(1) Activities to exchange information on commercial law developments,
practice and methods, e.g., legal seminars and exchanges of legal
experts; (2) cross dissemination of commercial laws of each country;
(3) establishing a repository for laws, international conventions and
agreements and other legal materials; and (4) stimulating, supporting
and monitoring cooperation and direct contacts between concerned
organizations, enterprises, private sector attorneys and members of
academia of both countries in the area of commercial law.
Legal Seminar
As part of the CLI, the Law Group plans to conduct at least two
legal seminars, first in Argentina and then in the United States. In
accordance with the public sector-private sector partnership embodied
in the BDC, the seminars will be organized by the Department of
Commerce and the Argentine Ministry of Economy and Public Works and
Services and co-sponsored and largely staffed by private sector
attorneys from both countries who are experts in the priority topics to
be covered. It is anticipated that the first seminar will take place in
Argentina in March of 1996 and the second seminar will be held in the
United States in the Fall of 1996. Legal seminar participants may be
speakers, audience members and/or drafters of issue papers and will be
required to pay a participation fee. As described below, the BDC will
identify priority legal issues to be covered by the Law Group and in
the legal seminars. The Department of Commerce Office of General
Counsel will develop participation criteria for the legal seminars
based in part on the priority legal issues identified as discussed
below.
Opportunity to Provide Input on Priority Legal Issues
As a first step in the CLI, the Co-Chairs of the Law Group will
exchange letters identifying and prioritizing the issues that their
respective BDC sections desire to be addressed in the following 18
months by the Law Group. It is anticipated that this exchange will
occur in September of 1995. The General Counsel of the Department of
Commerce is accepting comments concerning the identification of
priority issues to be raised by the U.S. section of the BDC. To
identify legal issues relevant to conducting commercial relations with
Argentina, please mail or FAX your comments to Ms. Iannone as indicated
in the ADDRESSES section above.
Authority: Act of February 14, 1903, c. 552, as amended, 15
U.S.C. Sec. 1501 et seq., 32 Stat. 825; Reorganization Plan No. 3 of
1979, 19 U.S.C. Sec. 2171 Note, 93 Stat. 1381.
Dated: August 24, 1995.
Walter M. Bastian, III,
Director, Office of Latin America and the Caribbean.
[FR Doc. 95-21559 Filed 8-29-95; 8:45 am]
BILLING CODE 3510-DA-P