THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release:
May 8, 2001
6:20 P.M. EDT

REMARKS BY THE PRESIDENT
AT ELECTRONIC INDUSTRIES ALLIANCE GOVERNMENT INDUSTRY DINNER

The Grand Hyatt Hotel
Washington, D.C.

THE PRESIDENT: Thank you all. Thank you very much. Dave, thank you very much. I thought for a minute he was going to bring up the OU-Texas score, but -- (laughter) -- he's a diplomat at heart. I appreciate your leadership, and I appreciate your friendship, and I want to thank you for inviting me here to the Electronic Industry Alliance Dinner.

... And along those lines, during the campaign, I promised to lead an effort to reform our export control system, so that it safeguards genuine military technology while letting American companies sell items that are already widely available. And we're making good progress. I want to thank Dave for his help.

I've been working with my friend, Senator Phil Gramm from Texas, to reform the Export Administrative Act, to strengthen both national security and our high-tech industry. In March, I'm pleased to report, the Senate Banking Committee passed a revised EAA, which my administration strongly supports. It's now time to pass it for the House, so I can sign it into law. (Applause.)



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