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Businessweek Archives

Hungary


INTERNATIONAL OUTLOOK

HUNGARY

Western high-tech exports to Hungary, Czechoslovakia, and Poland are likely to be decontrolled within a year, U. S. officials say. The move would allow free export of telecommunications and other advanced equipment and spur Western investment in high-tech manufacturing facilities there. The 17-member Coordinating Committee on Multilateral Export Controls, or Cocom, is expected to remove Hungary from its list of proscribed countries early next year. Hungary will get the nod first because of its political stability and its progress in establishing an export-control regime. Delisting of Poland, which still has 35,000 Soviet troops on its soil, and Czechoslovakia, which is a major weapons exporter, could take several more months.EDITED BY STANLEY REED


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