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The stage may soon be set for a global trade pact on computer and software products

Article Abstract:

The Asia-Pacific Economic Cooperation (APEC) forum has scheduled two major meetings to consider a global agreement for abolishing tariffs on computer and software products. This Information Technology Agreement (ITA) would free up to $500 billion worth of technology exports each year. Subic Bay in the Philippines will host the 18-member APEC on Nov 22, 1996. The group will meet again on Dec 9 in Singapore, where the agenda will include urging the 100 plus members of the World Trade Organization (WTO) to support this free trade agreement. An agreement resulting from these two meetings will depend on whether or not China will offer enough support by opening its market to outside goods. ITA's success also hinges on settling the European electronic industry's fears regarding competition. If an ITA is reached, and APEC agrees to complete free trade in information technology products, the European Union will be allowed to partake in the recent semiconductor agreement between the US and Japan.

Author: Lewis, Paul
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1996
Administration of General Economic Programs, Space Research and Technology, Trade Negotiations, Agencies-Technology, Conferences, meetings and seminars, Computer industry, Telecommunications regulations, International trade, Government trade agreement and tariff regulation, Singapore, Science and technology policy, Industry regulations, Government communications regulation, Government regulation of business, Trade regulation, Export controls, Asia-Pacific Economic Cooperation, Subic Bay Naval Base, Philippines, Government export policy and export regulation

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A theater boom is born in Russian film industry

Article Abstract:

Kodak Kinomir plans to open 15 multiplexes in Russia over the next five years. The investment is projected at $110 million. The operators of Kinomir are part owners of a distribution company with exclusive rights to Walt Disney and Comumbia Tri-Star pictures in Russia. Kodak Kinomir is one of the world's top grossing single screen cinemas. The success of the Kinomir cinema has inspired Russian and foreign investors to invest in the Russian film industry.

Author: Kishkovsky, Sophia
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
Strategy & planning, Company Planning/Goals, Motion Picture Theaters, Motion Picture and Video Exhibition, Russia, Movie theaters, Article, Kodak Kinomir

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