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  MEDIA ADVISORY
FOR IMMEDIATE RELEASE CONTACT: Tita Freeman
July 10, 2006 (202) 496-3269

Business Community to Discuss Outlook for Vietnam PNTR
Prompt, Bi-Partisan Action Sought

WHAT: Business Roundtable will host a breakfast where representatives of the business community will discuss the need for prompt Congressional action to approve permanent normal trade relations (PNTR) with Vietnam. With Vietnam set to enter the WTO in October, and President Bush prepared to visit Hanoi for the APEC Leaders Meeting in November, PNTR is an economic and foreign policy necessity. Congress must move forward immediately if PNTR is to be approved in time to meet these important deadlines.
WHO: John J. Castellani, President, Business Roundtable
Charly Madan, Citigroup Country Officer for Vietnam
Scott Miller, Director of Global Trade Policy, Procter & Gamble
Virginia Foote, Sr. Vice President, US-ASEAN Business Council
WHEN: Thursday, July 13
9:00-10:00 a.m.
WHERE: Business Roundtable
1717 Rhode Island Avenue, NW, Suite 800, Washington, DC
FORMAT: Business representatives will make informal comments and then open for discussion. Breakfast will be served.
RSVP: Please confirm your attendance in advance.
Contact: Susan Mora at smora@fratelli.com or Nat Sillin at nsillin@fratelli.com 202-822-9491

 

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Business Roundtable (www.businessroundtable.org) is an association of chief executive officers of leading U.S. companies with over $4.5 trillion in annual revenues and more than 10 million employees. Member companies comprise nearly a third of the total value of the U.S. stock market and represent nearly a third of all corporate income taxes paid to the federal government. Collectively, they returned more than $110 billion in dividends to shareholders and the economy in 2005.

Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with $86 billion in annual research and development spending - nearly half of the total private R&D spending in the U.S.

 

 

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