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                     Office of the Press Secretary
                             (Chicago, IL)
For Immediate Release                                      July 17, 1997
                         TRADE POLICY COMMITTEE

President Clinton today announced his intent to appoint four members to the Advisory Committee for Trade Policy and Negotiations (ACTPN). Maurice R. Greenberg and Mayor Susan Hammer will be reappointed by the President, while William J. Hudson, Jr. and Terry K. Watanabe will be newly appointed.

Maurice R. Greenberg of New York, currently serves as Chairman and Chief Executive Officer of American International Group, Inc., the world's leading international insurance organization. Mr. Greenberg is a past Chairman of the Federal Reserve Bank of New York and is a current member of the Board of Directors of the New York Stock Exchange. He is also Chairman of the Asia Society. Mr. Greenberg received his pre-law certificate from the University of Miami and an LL.B. from the New York Law School.

Susan Hammer is the 62nd mayor of San Jose, California. She was initially appointed to ACTPN because the President recognized her talents to work with a diverse population and develop consensus on a number of complicated issues. Mayor Hammer is leading San Jose into the 21st century on an agenda of economic development, public safety, youth, and schools. She was elected into office in November 1990 and is a graduate of the University of California, Berkeley.

William J. Hudson of Pennsylvania, currently serves as the President and Chief Executive Officer of AMP Incorporated. Mr. Hudson is a Director of the Pacific Basin Economic Council (PBEC), and in January 1997, he assumed the position of Chairman of PBEC-US. Mr. Hudson chairs the National Association of Manufacturers' International Economic Policy Committee. In 1995 and 1996 he co-chaired the Transatlantic Business Dialogue sponsored by the Commerce Department. He currently holds twelve U.S. patents. He received his B.A. and a Masters Certificate in Electrical Engineering from Cornell University.

Terry Watanabe of Nebraska, currently serves as the President and Chief Executive Officer of the Oriental Trading Company, Inc. OTC is an industry leader in the sale of value-priced toys, novelties, party goods, and giftware through mail order catalogues and other distribution channels. In addition to his duties at OTC, Mr. Watanabe actively supports public service activities, including the Nebraska AIDS project. Mr. Watanabe attended Sophia University in Tokyo, Japan and the University of Nebraska at Omaha.

The Advisory Committee for Trade Policy and Negotiations is responsible for providing overall advice on trade policy matters of the United States. Staff and administrative support for the Committee are provided by the Office of the United States Trade Representative.