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**North Texas US Export Assistance Center**

International Business Newsletter -- October 2008

**[BUREA OF INDUSTRY AND SECURITY PUBLISHES A NOTICE SEEKING COMMENTS\
ON FOREIGN POLICY-BASED EXPORT CONTROLS]{.underline}**

**[\
]{.underline}**BIS is reviewing the foreign policy-based export controls
in the Export Administration Regulations (EAR) to determine whether they
should be modified, rescinded or extended. To help make these
determinations, BIS is seeking comments on how existing foreign
policy-based export controls have affected exporters and the general
public. Additionally, BIS is particularly interested in comments
regarding the Entity List (Supplement No. 4 to part 744 of the EAR),
including on its usefulness and format, as well as on the specific
entities listed and the licensing policies and requirements assigned to
each. For details, go to
<http://www.bis.doc.gov/news/2008/fr_09082008.pdf>

**[MARKET OF THE MONTH -- HUNGARY]{.underline}**

Hungary is located in Central Eastern Europe with a population over 10
million, and has nearly fully transitioned from a centrally planned
economy to a market-based one since the fall of communism in 1989. It is
a member of the OECD (1996), NATO (1999) and the European Union (2004).
Per capita income is nearly two-thirds that of the EU-25 average and
total GDP (purchasing power parity) is US\$182 billion. The private
sector accounts for more than 80 percent of GDP. Hungary's strategic
location in Europe, access to EU markets, highly skilled and educated
work-force, sound infrastructure and other advantages have led companies
such as GE, Alcoa, Morgan Stanley, IBM and many others to locate
facilities here, both in manufacturing and services. Hungary's
geographic position in Central Europe offers a strategic logistical hub
within the region.

Best prospects for Exports to Hungary:

> Automotive Information Technology\
> Travel & Tourism Logistics & Transportation\
> Biotechnology Franchising\
> Pollution Control Renewable Energy

For more information on doing business with Hungary, go to the U.S.
Commercial Service Website for Budapest at
<http://www.buyusa.gov/hungary/en/>

**Helpful Links:**

**Commercial News USA** is the official United States Department of
Commerce showcase for American-made products and services. Each issue
reaches an estimated 400,000 readers worldwide in 176 countries.

<http://www.thinkglobal.us/>

Here's a useful link for learning about export controls:

<http://www.bis.doc.gov/seminarsandtraining/seminar-training.htm>

United Nations Commodity Trade Statistics Database:\
<http://comtrade.un.org/>

**[EUROPEAN UNION REACH WEBINAR]{.underline}**

**[November 6, 2008, 11 AM Eastern Time - 8 AM Pacific Time (90
minutes)]{.underline}**

**[Venue: Your office or home computer]{.underline}**

**[Cost \$50 -- Payable by credit card]{.underline}**

Do you sell to the European Union? Are you ready for REACH?

The REACH pre-registration deadline is December 1, 2008, so it is
important to prepare now. REACH compliance will be key to avoid trade
disruptions and to remain present and competitive in the EU market.
REACH is a major overhaul of the European Union\'s chemical management
regime and extends to products made with chemicals and having chemicals
in their components as well as chemicals producers. Electronic and
electrical equipment, automotive, aerospace, cosmetics, textiles, and
paints are just few examples of sectors that will be impacted by REACH.

To help you prepare and comply with this important regulation, join our
relevant speakers in a European Union REACH Webinar. This webinar will
address important questions surrounding REACH including: deadlines &
timelines; preregistration; the Candidate List; new developments in
REACH; and appointing Only Representatives.

To register or get more details, please go to:
www.buyusa.gov/europe/team_event.html

**Secrets of Success of Japan's IT Market**

Is your company planning to expand into the world's second largest
technology market? Before you do, you had better have answers to the
following questions: Which IT sectors in Japan have the greatest growth
potential? Does your company need a Japanese partner to successfully
enter the market?

Our diverse line-up of speakers will distill over 30 years of insider
knowledge of the Japanese market into this 3-hour presentation to answer
these questions and more. The objective of the seminar is to provide you
with the tools, information, and mindset required to achieve success in
Japan's IT market. Are you thinking about opening a branch office in
Japan? Check with JETRO before you invest one dime into overseas
expansion.

> **Date:** **Tuesday, November 18, 2008**

**Time:** 8:00 -- 8:30 a.m. Continental breakfast

> 8:30 -- 11:00 a.m. Speaker presentations
>
> 11:30 -- 1:20 p.m. One-on-one consultations (optional)
>
> **Venue:** Hilton Garden Inn Hotel Dallas/Richardson
>
> 1001 W. President George Bush Turnpike (US-75)
>
> Richardson, Texas 75080 Phone: 972-792-9393
>
> **Cost:** Free. However, advance registration required