FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs - 202-224-4524
Wednesday, May 8, 2002

Craig Davis - 202-224-7391


SARBANES ANNOUNCES OVERSIGHT HEARING ON
ANNUAL NATIONAL EXPORT STRATEGY REPORT

Senator Paul S. Sarbanes (D-MD), Chairman of the Banking, Housing, and Urban Affairs Committee, announced that the full Committee will hold a hearing on the Annual National Export Strategy Report of the Trade Promotion Coordinating Committee (TPCC).

The TPCC, an interagency committee chaired by the Secretary of Commerce, is made up of all agencies of the federal government involved in export promotion. Its purpose is to coordinate and develop a strategy for U.S. export promotion and export financing programs.

The five core agencies of the TPCC - the Commerce Department, Export-Import Bank, Small Business Administration, Overseas Private Investment Corporation, and the Trade and Development Agency - will appear before the Committee to present the TPCC's annual report.

The hearing will be held:

TUESDAY, MAY 14, 2002
10:30 A.M.
538 DIRKSEN SENATE OFFICE BUILDING

Scheduled to testify is:

  • The Honorable Donald L. Evans, Secretary of Commerce;
  • The Honorable Eduardo Aguirre, Vice Chairman and First Vice President, Export-Import Bank of the United States;
  • The Honorable Hector V. Barreto, Administrator, Small Business Administration;
  • The Honorable Peter S. Watson, President and CEO, Overseas Private Investment Corporation; and
  • The Honorable Thelma J. Askey, Director, United States Trade and Development Agency
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