PITO

Project to promote expanded private sector trade and investment between the Association of Southeast Asian Nations (ASEAN) and the United States. The project, to be managed by an ASEAN-U.S. Steering Committee and implemented through cooperative agreements, comprises three components: (1) trade and investment promotion: (2) policy analysis/problem resolution; and (3) capital market development. The first and core component will form a network of Private Investment and Trade Opportunities (PITO) Centers. These centers, which will be established in each ASEAN country and in the United States, will respond to information requests from private enterprises or refer the requestors to the appropriate U.S. Government agency, private sector association, or ASEAN counterpart. Informational and promotional materials will be developed, both in the ASEAN region and the United States. As part of the promotional activities, Technonet-Asia will assist private entrepreneurs by providing technical advice, helping ASEAN entrepreneurs acquire U.S. commercial technologies, conducting technology seminars and workshops, establishing contacts between ASEAN industries and their U.S. counterparts, etc.

Source: DEC abstract, PD-ABF-270 (1989). The source's own text.