Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?

To: GSmithers who wrote (26978)	10/15/1999 11:26:00 AM
From: Americo Burgos III	Read Replies (1) \| Respond to of 40688

This article was missed due to the fact that they did not include the PNLK ticker symbol. Thanks A.P. for the find: dailynews.yahoo.com Thursday October 7 4:47 PM ET U.S. To Press For Trade Reform In Middle East WASHINGTON (Reuters) - U.S. Commerce Secretary William Daley said Thursday he would press leaders in the Middle East to lower tariffs and other trade barriers to boost economic ties and investment in the region. Daley, who will lead a delegation of U.S. government officials and business executives to Jordan, Israel, Egypt, Saudi Arabia and the United Arab Emirates from Oct 9-18, said progress in peace talks between Israel and the Palestinians should increase investor confidence in the Middle East. ``I am going to the region more optimistic than I ever have been,' Daley said in speech at Georgetown University in Washington. ``While we do not know the ultimate outcome, we know this for sure: for the first time in several years the character of the peace process has changed.' ``The parties are making commitments to each other, negotiating with each other. I am convinced this new chapter in peace can bring new opportunities for American businesses, and at the same time help the people of the Middle East get jobs,' Daley added in prepared remarks. Daley said he would urge government officials during the trade mission to put reforms in place that would lower tariffs, improve market access, and protect intellectual property rights. Daley said he would urge Jordan to speed the pace of privatization and to implement commercial reforms that should clear the way for Amman to join the World Trade Organization. Daley said he hoped to expand trade ties with Israel, and help Palestinian President Yasser Arafat attract foreign investment. Daley said he would focus on electronic commerce in talks with Egyptian officials, and would offer U.S. expertise to the government in developing commercial laws and improving regulations that would attract more investors. Daley said he would urge Saudi Arabia to use U.S. companies in future infrastructure, oil and gas projects, and hoped to boost ties with the United Arab Emirates. ``My message is that with oil prices recovering, let's not be complacent,' Daley said. ``Let's not think old ways will work and we don't need to change the legal structure, or cut the red tape, or make deals transparent. Let's use this time to look ahead and make the hard choices.' Daley will be accompanied by executives from nearly 20 companies, including Enron Corp. (NYSE:ENE - news), Occidental Petroleum Corp. (NYSE:OXY - news), Merck, and e-commerce company ProNetLink.com. ``To be frank with you, more so than with most trade missions, companies were reluctant to go here,' Daley said. 'And those that are going will have their eyes wide open.'