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Korea - Information and Drafts 10/91 [OA 4424]
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Korea - Information and Drafts 10/91 [OA 4424]
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Records of the White House Office of Speechwriting (George H. W. Bush Administration)
Mary Kate Grant Subject Files
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Originally Processed With FOIA(s):
FOIA Number:
S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin:
Speechwriting, White House Office of
Series:
Grant, Mary Kate, Files
Subseries:
Subject File, 1988-1991
OA/ID Number:
13881
Folder ID Number:
13881-014
Folder Title:
Korea-Information and Drafts, 10/91
Stack:
Row:
Section:
Shelf:
Position:
G
19
2
7
6
Korea
KOREA
FINANCIAL SERVICES
The Korean financial system is antiquated, over-regulated,
and ill-suited to the needs of Korea's dynamic economy.
U.S. banks and securities firms face numerous barriers to
entering and operating in the Korean market.
In addition, elimination of Korea's pervasive controls over
interest rates, credit allocation, and capital flows is
essential if U.S. financial institutions are to enjoy long-
term competitiveness in Korea, and U.S. businesses are to
find adequate funding sources.
The Treasury Department and Korean Ministry of Finance have
made some progress in bilateral talks in addressing both
specific national treatment issues and broader financial
liberalization. However, much work remains to be done.
The USG has also sought Korean cooperation in bringing about
a strong financial services agreement in the Uruguay Round;
Korea's support thus far has been very disappointing.
Our specific objectives for the President's trip include:
-
A public statement by the ROKG of its commitment to
financial liberalization, including support for a
strong Uruguay Round financial services agreement.
-
Issuance of a comprehensive blueprint for financial
market liberalization, with a clear timetable for
implementation.
-
Implementation of a commitment last spring to ease
restrictions on deferred payment terms for imports by
the end of 1991.
Treasury Department
December 10, 1991
12/09/91
15:32
2026477388
002/002
Mosbacher & Browky to attend
Korea
THEMES FOR BREAKFAST SPEECH TO AMERICAN CHAMBER OF COMMERCE
-- Korea is one of the world's top economic success
stories--success based on hard work, market orientation,
and access to international capital, and markets.
-- This success has made Korea an economic power in the
region and the world.
-- Korea and the U.S. have a tremendous amount at stake in
their economic relations -- the U.S. is Korea's largest
export market, and Korea is our seventh largest export
market.
-- The American Chamber of Commerce has played a vital role
in expanding business ties between the U.S. and Korea --
ties which are growing into a true economic partnership.
-- Healthy economic relations are an increasingly important
part of the emerging new world order, which will need
expanded and strengthened open markets to ensure
prosperity and stability.
-- As a ranking economic power which has benefitted
enormously from the open world trade and financial
system, Korea has a special responsibility to strengthen
this system.
-- Korea can contribute most by taking actions necessary to
actively conclude the Uruguay Round in all its aspects:
tarrification of agriculture, finance, market access,
services, intellectual property.
-- Korea has made great progress in removing visible trade
barriers over the past five years, but doing business in
Korea is still difficult. Standards, regulations,
customs procedures, and financing restrictions limit our
ability to do business together. We are looking for
ways to work with the Korean government to resolve these
issues.
--- A key sector is finance. A more open and liberal
financial system would better meet the needs of Korea's
dynamic economy. Broadening, access for foreign
financial firms would greatly contribute to a more
efficient Korean economy.
-- U.S. businesses are particularly concerned by
restrictions in the financial system which prevent them
from fully particpating in the Korean economy, in both
trade and investment.
-- A more open economy will benefit Korean consumers and
producers, as well as foreign businesses.
-- Executives of major U.S. corporations joined this trip
to show the importance they attach to economic relations
with Korea, and their desire to work with Korea to help
improve these relations.
12 DECEMBER 1991
MEMO FOR MK
FROM:
JBSB
SUBJECT: KOREA/CHAMBER BREAKFAST
What we know: (Per State Dept.)
Time - 8 a.m.
Place - TBD, May be held jointly w/ Korean Chamber
ACKS: Sec. Mosbacher
Robert [Bob] Gregory, president of the American Chamber
Commerce Said: About 800 audience/ Am. chamber & Korean chamber
and industry, various Korean governt officals
CEOS, Board members, upper management, Senior
company reps for that country
Dr. Bromley may be on trip
CONFIDENTIAL
DECL:OADR
AMERICAN CHAMBER OF COMMERCE BREAKFAST
SCENESETTER
Your speech at the American Chamber of Commerce is your main
opportunity to promote U.S. economic policies in Korea. The
presence of a number of CEO's from the U.S. will emphasize the
great importance we attach to improving economic relations.
In addition to the American Chamber, a number of other Korean
business groups will be present.
The American Chamber in Korea is one of the most active and
effective in Asia, and has been instrumental in pressing for
liberalization and reform of the Korean economy.
KEY OBJECTIVES
Your speech should:
-- praise Korea's economic development;
-- praise Amcham's vital role in expanding business ties
between the U.S. and Korea;
:
stress the growth of an emerging U.S.- - Korea economic
partnership;
-- recognize Korea as an economic power in the region and
the world;
-- encourages Korea to accept responsibility for, as well
as benefits from, the open, liberal, international
trade and financial regimes.
CONF IDENTIAL
DECLASSIFIED
PER DOS WAIVER, November 6, 2015
By
It NARA, Date 06/13/23
CONF IDENTIAL
THEMES FOR BREAKFAST SPEECH TO AMERICAN CHAMBER OF COMMERCE
-- Korea is one of the world's top economic success
stories--success based on hard work, market orientation,
and access to international capital, and markets.
-- This success has made Korea an economic power in the
region and the world.
-- Korea and the U.S. have a tremendous amount at stake in
their economic relations -- the U.S. is Korea's largest
export market, and Korea is our seventh largest export
market.
The American Chamber of Commerce has played a vital role
in expanding business ties between the U.S. and Korea --
ties which are growing into a true economic partnership.
-- Healthy economic relations are an increasingly important
part of the emerging new world order, which will need
expanded and strengthened open markets to ensure
prosperity and stability.
-- As a ranking economic power which has benefitted
enormously from the open world trade and financial
system, Korea has a special responsibility to strengthen
this system.
-- Korea can contribute most by taking actions necessary to
actively conclude the Uruguay Round in all its aspects:
tarrification of agriculture, finance, market access,
services, intellectual property.
Korea has made great progress in removing visible trade
barriers over the past five years, but doing business in
Korea is still difficult. Korea must take steps to
address fundamental problems which restrict the ability
of foreign firms to do business in Korea.
-- Standards, regulations, customs procedures, and
financing restrictions limit our ability to do
business together. We are looking for ways to work
with the Korean government to resolve these issues.
- A key sector is finance. A more open and liberal
financial system would better meet the needs of Korea's
dynamic economy. Broadening access for foreign
financial firms would greatly contribute to a more
efficient Korean economy.
CONFIDENTIAL
DECLASSIFIED
PER DOS WAIVER, November 6, 2015
By It NARA, Date 06/14/23
CONFIDENTIAL
-- U.S. businesses are particularly concerned by
restrictions in the financial system which prevent them
from fully particpating in the Korean economy, in both
trade and investment.
-- A more open economy will benefit Korean consumers and
producers, as well as foreign businesses.
-- Executives of major U.S. corporations joined this trip
to show the importance they attach to economic relations
with Korea, and their desire to work with Korea to help
improve these relations.
Drafted: EAP/K: JMcHale
Clearances: EAP/K: JMcHale
SEKEC 929 12/03/91
EB/ODC: DJensen
D: JWarlick ok
P: MMcMillion
E: WWhyman ok
C: RWilson ok
USTR: NAdams
DOC: LDrocker ok
Treasury: MGoodman
USDA: AHemphill
CONFIDENTIAL
E-MAIL MESSAGE
UNITED STATES INFORMATION SERVICE, SEOUL
cc: JR, KG
October 25, 1991
MEMORANDUM FOR:
Ms. Kathryn Gunning
EA, USIA
DIH Korea
FROM:
John Fredenburg, PAO
SUBJECT:
Notes for Speeches for the President's visit
REFERENCE:
Your FAX of 10/22/91
The following are some proverbs, statistics, and other information
(probably more than you need) which might be worked into some of the
President's speeches in Korea.
The White House Press Office also asked for some material for
jokes. We advised them that it was inappropriate in Korean culture
for someone of the President's rank to make jokes, and attempting to
do so might be misunderstood. In fact, it was a newsworthy item
here when President Roh became the first Korean President to even
smile in public.
Please convey this information to Jennifer Grossman, White House
Presidential Speechwriting Office; FAX (202) 456-6218, telephone
(202) 456-7750. Thanks and regards.
Recently a very popular television series in Korea called
"The Three Day Promise," based on the autobiography of
Dr. Chung Dong-kyu, has been aired on KBS TV. The story tells of
Dr. Chung's having been forcibly separated from his family in North
Korea by the tragedy of the Korean War (after having promised to
return to his mother and sisters after 3 days, hence the title),
undergoing enormous hardship during and after the war, and finally
emigrating to the U.S. in the early 1960's where he became a medical
doctor and still lives today. Dr. Chung kept trying to return to
North Korea to meet his separated family, but when he finally
managed to do so in 1983, it was to find that his mother had already
died. Dr. Chung has donated the profits from this book, which was
published in the U.S. and translated into Korean, to the fund for
building a Korean War Memorial in the U.S.
(I law read Mis book.)
Jamked
- 2 -
This story could be referred to in order to show the
President's understanding of the yearning of the Korean people
for unification (there are 10 million separated families in
Korea), our support for the peaceful unification of the Korean
penninsula, or the President's support for a Korean War
Memorial to honor the sacrifices of those who fought in the
Korean War.
The full title of the book is The Three Day Promise: A Korean
Soldier's Memoir; by Donald K. Chung (Chung Dong-kyu's American
name) ; Loiry Pub. House, Tallahassee FL, 1988.
A missionary group of the Methodist Church led by Henry Gerhard
Appenzeller (February 6, 1858-June 11, 1902) of the United
States opened the Pai Chai School, the first and oldest modern
institution of learning in Korea, in 1886. The school with its
new educational philosophy and modern curriculum was the
pioneer of modern education in Korea. The Pai Chai School has
had a strong influence on the development of Korean education.
Pai Chai High School still exists, though at a different
location. Mr. Appenzeller drowned in 1902 in saving a Korean
schoolgirl in a shipping accident.
Mr. Appenzeller's name is widely known in Korea, and his story
might be used to refer to the long history of our two countries
in the field of education. The Fulbright program in Korea, by
sponsoring a two-way flow of scholars and students, continues
to contribute to this important relationship in education.
Following the treaty with the U.S. in 1882, which was Korea's
first treaty with a Western nation, many American missionaries,
including Horace G. Underwood, Henry Gerhardt Appenzeller,
William and Mary Scranton, and Samuel Moffet, came to Korea and
made significant contributions in laying the foundations of
modern education and medicine in addition to propagating the
Christian way of life. These contributions included the
founding of such renowned institutions as Ewha Womans
University, Yonsei University, the Pai Chai School, Severance
Hospital, and Sungsil College in Pyungyang, North Korea (just
to mention a few). Thus, from our earliest days of contact,
education has played a large role in the U.S.-Korean
relationship.
- 3 -
At the turn of the century, King Soonjo, the last king of the
Chosun dynasty, enjoyed riding an American made 1903 Ford
sedan, the first automobile ever to be brought to Korea. Since
then, Korea has worked hard to develop itself, and now is the
world's ninth largest producer of automobiles. Many Korean
made cars are on American highways.
Korean Proverbs and sayings
"To repair the cow-shed after the COW is lost"
One must take timely preventive measures to prevent
disaster.
"It takes the clap of two hands to make a sound"
Nothing can be done without teamwork; There is no quarrel
without the clash of the two interested parties.
"A devoted heart may move heaven"
A man of staunch loyalty may enjoy the protection of
providence.
"Love goes where love comes"
Love is returned where love is given.
"After a rain the ground becomes hard"
After rain comes fair weather; Good comes out of strife;
Storms make oaks take deeper root; After a quarrel comes
friendship.
"Well begun is half done"
It is difficult to find the time, the means, or the courage
to start a new project. If a task is once begun, it will
probably be carried through. What is worth doing is worth
doing promptly. Where there is no beginning there is no
ending.
(Educational Statistics)
LITERACY RATE: Over 90% (Source: The World Factbook 1990
by U.S. Central Intelligence Agency, GPO)
TOTAL NUMBER OF HIGH SCHOOL GRADUATES: 10,463,534 (24.0%) out
of total population of 43,499,674 as of 1990.
(Source: Census Division, Economic Planning Board, Republic of
Korea).
KOREA EDUCATION STATISTICS
(1991 school year)
Statistics compiled from Statistical Yearbook of Education,
1991, published by the Ministry of Education.
HIGHER EDUCATION - COLLEGES & UNIVERSITIES
1. Number of Colleges and Universities:
115
National
23
Public
1
Private
91
2. Total faculty members
35,175
3. Total enrollment
1,052,140
Freshman
249.934
Sophomore
292,966
Junior
292,058
Senior
217,182
4. Total number of applicants:
920,291
5. Total number of entrants
201,107 (22.8%)
HIGHER EDUCATION - GRADUATE SCHOOLS
1.
Total number of schools
316
National
66
Public
4
Private
246
2.
Total enrollment
94,824
Master's course
79,723
Doctor's course
15,101
- 5 -
HIGHER EDUCATION - JUNIOR COLLEGES:
1. Number of Junior Colleges
118
2. Total number of faculty
7,953
3. Total enrollment
359,049
4. Total applicants
447,907
5. Total entrants
141,115 (31.5%)
HIGHER EDUCATION - TEACHERS' COLLEGE
1. Number of Teacher Colleges
11
2. Total number of faculty
693
3. Total enrollment
16,019
GENERAL HIGH SCHOOLS:
1. Total number of General High Schools
1,085
2. Total number of teachers
58,757
3. Total number of students
1,406,891
10th grade
456,240
11th grade
473,877
12th grade
476,774
Entrants (1988)
501,657
Graduates (class of 1988)
482,131 (96.1%)
VOCATIONAL HIGH SCHOOLS:
1. Total number of vocational schools
617
2.
Total number of teachers
36,515
3.
Total enrollment
804,021
Entrants (1988)
282,036
Graduates (class of 1988)
272,365 (96.5%)
MIDDLE SCHOOLS:
1. Total number of schools
2,498
2. Total number of teachers
92,348
3. Total enrollment
2,232,330
ELEMENTARY SCHOOLS:
1. Total number of schools
6,245
2. Total number of teachers
138,200
3. Total number of students
4,758.505
KINDERGARTEN
1. Total number of schools
8,421
2. Total number of teachers
19,706
3. Total enrollment
425,535
KOREAN STUDENTS IN THE UNITED STATES:
(Compiled from Open Doors 1989/90: Report on International
Educational Exchange, by Inst. of International Education.)
1989/90
21,710
Percent of Total:
5.6 %
Ranking:
No. 5
Academic Level:
Undergraduate level
24.1%
Graduate level
69.7%
Other
6.2%
1988/89
20,610
Percent of Total:
5.7 % %
Ranking
No. 4
Drafted: PHarley:rws
Clearances: KHS , TJS , TL
Korea
Themes/Phrases for Presidential Speeches
Camp Casey
Thirty years ago, in 1961, President John F. Kennedy spoke
within sight of the Berlin Wall and lamented the divisions
between people there at the front line of the Cold War.
As he spoke, the barrier a few miles from here, the DMZ, stood
as a parallel tragic division between peoples.
As we celebrate the end of the Cold War and the overcoming of
barriers between peoples throughout the world, it is tragic
that that barrier remains, the last remnant of the Cold War.
It also stands as a visible reminder of the ideological battles
which once divided the world, and now continue sadly to divide
the Korean people from one another.
For over forty years the United States has been proud to have
played a role in assuring that that barrier against renewed
aggression was strong and steadfast.
All Korean war veterans and the men and women who have
participated in this important and vigilant effort to protect
freedom should be proud of their contribution to Korea's
security.
Throughout that effort, the United States has consistently
looked forward to the day when that barrier would no longer be
necessary, when the very real threat of North Korean aggression
would be no more.
As I stand here today within sight of the Berlin Wall of Asia,
I renew that hope and that appeal, that someday soon there will
no longer be barriers between peoples striving for unification
and reconciliation.
The atmosphere for leaving behind the fears and hatreds of the
Cold War has never been better. The support of the
international community for a peaceful unification of the
Korean peninsula has never been stronger.
I can look forward to the day when it is no longer necessary
for U.S. troops to be stationed in Korea to defend against the
threat of North Korea, when that threat is relegated to the
history books, when North Korea becomes fully committed to
resolving its differences with our good friend and ally in the
South.
Until that time, I assure the North that our commitment to the
security of the South remains rock-solid and unwavering.
Nothing will ever change that commitment or the equal
commitment to have available the means to protect our ally, the
Republic of Korea against aggression.
But there remains a parallel commitment to move toward improved
relations with North Korea, as long as it remains an
independent state, and to cooperate in ways which can enhance
the security of this region and the welfare of its people. The
North knows what it will take to achieve that objective, and I
hope to see significatn movement in that direction in the near
future.
I know that the people of South Korea and North Korea both are
committed to unification, and I assure them that the people of
the United States are in full and complete support of that
objective.
Earlier today I endorsed President Roh's call for a
multilateral approach to resolving the security problems of
this region. The United States will do all in its power to
make this endeavor a success. We can do no less to enhance the
security of our Korean brothers, both South and North.
Thus I call on North Korea to come out from behind those
barriers, from the bastions of military strength, to present to
your countrymen the hand of peace and reconciliation.
I for my part offer my hand to North Korea across the divide.
Come, work with us for peace and security on the Korean
peninsula, in the Northeast Asia Region, and in the world.
KONEA
National Assembly-Speech themes (DRAFT)
o
Thank you -for providing me with this opportunity to speak
to you again. Since I last spoke here in February 1989 the
world has changed immensely. We have in fact entered a new
era in world history.
We are very pleased with the triumph of freedom and free
enterprise economics throughout most of the world, and with
the continued progress, economically and politically, of
the Republic of Korea. However, we remain saddened by the
persistent conflicts in many parts of the world, and by the
continued division of the Korean peninsula, a situation
that is anachronistic in the post-Cold War world.
As we have stated on numerous occasions, the United States
supports the peaceful unification of Korea on terms
agreeable to all Koreans. We believe that North/South
dialogue offers the best path toward eventual discussion O
unification and related issues. Consequently, we support
strongly the Prime Ministerial dialogue that has been in
progress for more than a year, and stand ready to
facilitate in any apppropriate way.
Our support for the process of peace does not, however,
blind us to reality and to the threat from the North that
still remains. Therefore, our commitment to the security
of South Korea remains as strong as ever, and we will
continue to consult on matters that affect our mutual
interest. To further strengthen security in the region,
both of us should also consult and cooperate with our
friends the Japanese, who have the economic power to play a
vital role in promoting regional stability.
We continue to regard the unsafeguarded nuclear program of
North Korea as the greatest threat to security in region,
and call upon the leaders of that country to meet the
international obligations it accepted when it acceded to
the Non-Proliferation Treaty in 1985.
North Korea should know that neither the United States nor
the Republic of Korea poses a threat to its society or way
of government. However, we cannot ignore the situation as
North Korea builds nuclear weapons, and will use all
diplomatic means to assure that it meets its international
obligations under the International Atomic Energy Agency
(IAEA).
As we begin this new era in international relations,
U.S.-Republic of Korea relations are growing in many
areas. With the Cold War behind us, we are transforming
our relations from a security relationship to a
broader-based security, economic, and political partnership.
Of crucial importance in this transformation is your own
progress toward democracy, well illustrated by the enhanced
prestige and power of this body. The ROK's movement to a
democratic government, with the military clearly
subordinate to civilian government, has been crucial in
winning for you the respect of the international community
and the stability and credibility necessary for an
influential world role.
The challenge now is to continue down the road toward full
democratization. You have won the political contest with
the North and should consider amending your National
Security Law, which provides a propaganda advantage to the
North, to take account of your strength and confidence.
Further steps in democratic development might include
greater accountability for public officials and greater
transparency in both your political and economic systems.
Initiatives in these areas would be consistent with your
overall economic and political modernization, and would
further strengthen your position vis-a-vis the North.
The ROK's democratization is but one of the features that
distinguishes it from North Korea, but it is one of the
most important, and it is an achievement which should make
all Koreans proud.
Another of the ROK's greatest accomplishments has been
membership in the United Nations. Your entry in the United
Nations was long overdue, and your ultimately success is
due in large part to wise leadership and persistent
effort. However, South Korea's emergence as a full member
of international political and economic institutions,
carries with it added responsibilities.
Over the years, the Korean people have gained tremendously
from the open international trading system. Indeed open
markets for exports have been a major contributor to your
new prosperity. Korea has now become an economic power in
the region and the world.
Now it is time for the ROK to lend its support to the open
international trading system from which it has prospered by
actively supporting the Uruguay Round of negotiations,
opening its own domestic market to foreign products, and
liberalizing its financial system. Your support is vital
to assure that the international trade system remains open
and that countries like Korea can continue to prosper.
The U.S.-ROK friendship has now endured more than four
decades of dramatic world events. Yet in the beginning,
our close relationship was not one that either of us
sought, but rather one into which we were both thrust as a
result of World War II.
In those years the U.S. entered into its relations with
Korea with a keen sense of responsibility, and with
determination to preserve the benefits of freedom for the
Korean people. It demonstrated its commitment during the
Korean War, when more than 33,000 American soldiers and
thousands more Koreans, both military and civilian, died to
keep freedom alive.
Clearly, over the past forty years the American role in
Korea has not always been a easy one, and the political
environment in East Asia has frequently been one of
crisis. Consequently, in carrying out what we perceived to
be our responsibilities we have made mistakes.
Yet we entered the relationship with the Republic of Korea
with the highest ideals, and we have, I believe, pursued
the correct path in the long run. Therefore, we too are
enourmously proud when we see the great nation you have
built from the ruins of war.
Today, we again approach the future in the aftermath of a
war--a Cold War, and together we have the opportunity to
shape and influence a new era as much as we did nearly 50
years ago. We can also define for the next generation a
new relationship, a partnership that encompasses much more
than merely security cooperation.
Our new partnership should be political, economic, nad
cultural, as well as security. I urge the people of both
countries to look toward the future rather than the past,
and to seize the moment to build on our excellent
relations, to expand cooperation so we all benefit, and to
march into the future as friends and neighbors working
together to build a safer and more prosperous world
community.
Sensitive issues which the Embassy thinks should be addressed
explicitly:
1. Make clear our willingness to continue consulting with the
ROK on security issues.
2. Describe how we see the Japanese role in the region
complementing ours and that of the ROK.
3. Make it clear that transparency and accountability are
important to Korea's economic relations with the rest of
the world.
4. State clearly what the DPRK must do for improved relations
with the U.S.
5. Make it clear that the National Security Law plays into
Pyongyang's hands and can be counterproductive to the ROK's
North-South goals.
Korea
Remarks to American Chamber of Commerce
Themes could include:
-- Strong support for the work of the U.S Chamber of
Commerce, which has been vital to U.S. business
interests in the ROK.
-- Korean economic maturity and U.S./Korean
economic/trade interdependence have brought the two
nations to a new era of partnership.
-- Mutual interest in further development of open,
liberal international trade and financial regimes, in
particular, successful conclusion of UR.
-- Responsibility on both countries to ensure that their
domestic trade and financial markets are open and
liberal for the other; that domestic markets are
fully integrated into international trade and
financial regimes; and that their producers and
consumers understand the benefits of two-way open,
liberal markets.
At a science/education/technology event themes could include:
-- The long history of U.S. support for Korean science
and technology; nuclear energy is a good example.
-- Our admiration for the great strides Korea has made
in developing its technological base;
-- Recognition that scientific and technological
development can only flourish where the economic
value of the intellectual property associated with
discovery is protected for the benefit of the
discoverer.
-- Our willingness to continue and enhance cooperation
with Korea, symbolized by the U.S.-ROK Science and
Technology Agreement;
-- Our confidence that Korea will be able to make
significant contributions to world scientific
research and technological development.
-- Recognition that Korea can now assume rights and
responsibilities shared by other industrialized
countries in world scientific research and
technological development through;
a. Greater contributions to the world scientific
knowledge by increased basic research funding and
b. Cooperation with U.S. and other countries through
participation in basic megaprojects such as the
Superconducting Super Collider (SSC)