BUSINESS
May 25, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
The agreement reached Friday by the United States and its allies to reduce export controls on high-tech equipment sold to the Soviet Union and Eastern Europe has disappointed many U.S. technology manufacturers that had hoped for even greater business opportunities with the emerging economies of Eastern Europe. In fact, according to some U.S.
BUSINESS
May 25, 1991 | JAMES GERSTENZANG, TIMES STAFF WRITER
The United States and its major allies have agreed on a plan to cut by half the list of high-technology products--from computers to airliners--that they will block from shipment to the Soviet Union, the White House announced Friday.
NEWS
June 5, 1990
The United States and 16 other Western countries that form the Coordinating Committee for Multilateral Export Controls (COCOM) gather Wednesday to consider easing limits on high-tech exports to the Soviet Union and its Warsaw Pact allies. Formed 41 years ago to protect against a drain of militarily sensitive technology to the East Bloc, COCOM is reacting to the new political climate resulting from perestroika in Moscow and democratic revolutions throughout Eastern Europe.
BUSINESS
February 17, 1990 | ART PINE, TIMES STAFF WRITER
The United States and its major economic allies agreed in principle Friday to ease restrictions on the sale of sensitive technology to East European countries, but they remained sharply divided over how rapidly to relax the restraints. After a contentious two-day meeting, State Department officials announced that the Western governments had reached consensus on the need to liberalize current rules governing high-technology sales to the former East Bloc. The closed-door session was held in Paris.
NEWS
January 23, 1990 | ART PINE, TIMES STAFF WRITER
The Bush Administration, bowing to pressure from America's major allies, has agreed to back a gradual easing of restrictions on the sale of Western goods and technology to Eastern Europe in response to the rapid political changes there, officials said Monday. The decision, made at a meeting of the National Security Council, initially will affect only the sale of some advanced computers, machine tools and telecommunications equipment to Poland and Hungary.
BUSINESS
November 26, 1989 | TYLER MARSHALL, TIMES STAFF WRITER
Growing differences between the United States and its key allies, aggravated by the political changes in Eastern Europe, have generated potentially crippling tensions in a system that has kept sensitive Western technology from the communist world for 40 years. Few observers predict the immediate breakup of the Coordinating Committee for Multilateral Export Controls (COCOM)--the 17-nation, Paris-based committee that administers the West's high-tech embargo.