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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release April 4, 1993

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Summary of Vancouver Summit Assistance Package To: National and Foreign Desks
Contact: White House Office of the Press Secretary, 202-456-2100

WASHINGTON, April 4 /U.S. Newswire/ -- Following is a summary of U.S. assistance package announced at the summit meeting in Vancouver, B.C.; projects announced, expanded or obligated after Jan. 20, 1993; and detailed breakout of assistance initiatives:

Total Value of Package

$1.6 billion for 1993; includes $690 million in grant assistance, $700 million in concessional food sales and $230 million in other credits.

Humanitarian Food and Medical Assistance
- $194 million in grant food; $30 million in grant medical
Concessional Food Sales
- $700 million - concessional terms; interim measure to restor Russian access to U.S. grains.
Private Sector Support
- Russian-American Enterprise Fund - $50 million
- Privatization support - $95 million
- Eurasia Foundation - $4 million
Democratization
- Democracy Corps
- Other programs to support democratization such as rule of law and exchanges. Total: $48 million.
Russian Officer Resettlement
- Demonstration Program to construct 450 housing units over next 12-16 months and provide job training for military officers. Total: $6 million
Energy and Environment
- Projects to enhance energy production efficiency and reduce pollution of pipeline systems. Total $38 million.
Trade and Investment
- A priority issue in relationship.
- Vice President Gore to co-chair Commission on Technological Cooperation (Energy and Space) with Chernomyrdin.
- Secretary Brown to co-chair Business Development Committee on other trade issues with Deputy Foreign Minister Shokhin.
- Appoint full-time investment ombudsman.
- Support Russia in GATT; and access to GSP.
- Extension of $82 million Exim credit for Caterpillar; $150 million OPIC guarantee for Conoco oil project.
- Push for completion by April 14 of $2 billion Exim oil and gas deal.
Security Assistance
- Nunn-Lugar funding in denuclearization. Total: $215 million
- Strategic Nuclear Delivery Vehicle Dismantlement - $130 million
- Nuclear Warhead Storage Facility - $75 million
- Nuclear Materials Accountability and Control - $10 million

                  VANCOUVER SUMMIT ASSISTANCE PACKAGE
     Projects announced, expanded or obligated after Jan. 20, 1993
                         (dollars in millions)

 GRANTS                      $690.9
   Grant Food Assistance     $194.0
   Technical Cooperation     $281.9
   Nunn-Lugar                $215.0

 CREDITS                     $932.0
   Food for Progress Credit
    Sales                    $700.0
   Eximbank Credits          $ 82.0
   OPIC Credits              $150.0

 TOTAL                     $1,622.9

              Detailed Breakout of Assistance Initiatives
                         (dollars in millions)

Humanitarian/Health Assistance and Food Sales

   Grant Food Aid                           $194.0
   Food for Mothers and Children            $ 10.0
   Medincines and Medical Supplies for
     Russian Hospitals                      $ 15.0
   Medical Partnerships                     $  3.0
   Health Care Finance                      $  2.5
   Food for Progress Credit Sales           $700.0

Private Sector Development

   Russian-American Enterprise Fund         $ 50.0
   Privatization                            $ 60.0
   Bankers Training                         $  5.0
   Fiscal Sector Reform                     $  4.4
   Russian-American Agribusiness
     Partnerships                           $ 20.0
   Farmer-to-Farmer Program                 $  5.0
   Eurasia Foundation                       $  4.0

Democracy Corps Initiative

   Democracy Summers                        $ 25.0
   Rule of Law                              $  5.0
   Effective Local Governance               $  7.0
   Strengthening Civil Society              $  2.0
   Strengthening Independent Media          $  2.0
   Developing Russian Volunteerism          $  4.0
   Developing University Partnerships       $  3.0

Energy and Environment Initiative
Oil/Gas/Coal Production and Delivery System Improvement $ 10.0 Efficiency and Performance Improvement $ 2.0 Pricing Policy and Institutional Reform $ 5.0 Nuclear Power Plant Safety and
Regulation $ 15.0 Environmental Policy and Technology
Cooperation $ 5.0 Environmental Non-Governmental Organization Consortium $ 1.0

Officer Resettlement Initiative
Russian Officer Resettlement $ 6.0

Trade and Investment

   Expansion of SABIT Program               $  2.0
   American Business Centers                $  3.0
   Export Control Development               $  2.2
   Trade and Development Agency Grants      $  3.8
   Eximbank Loans                           $ 82.0
   OPIC Guarantees and Insurance            $150.0

Security Assistance
Strategic Nuclear Delivery Vehicle

     Dismantlement                          $130.0
   Nuclear Warhead Storage Facility         $ 75.0
   Nuclear Materials Accountability and
    Control                                $ 10.0

 Subtotal - Grants                          $690.9
 Subtotal - Credits                         $932.0

 TOTAL                                    $1,622.9

                                  -0-
                     /U.S. Newswire  202-347-2770/