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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release March 11, 1998

March 9, 1998

                        Presidential Determination
                                No. 98-18

MEMORANDUM FOR THE SECRETARY OF STATE

            SUBJECT:  Presidential Determination Under
                      Subsection 2(b)(2)(D) of the Export-Import
                      Bank Act of 1945, as Amended -- Vietnam

Pursuant to subsection 2(b)(2)(D) of the Export-Import Bank Act of 1945, as amended, I determine that it is in the national interest for the Export-Import Bank of the United States to guarantee, insure, extend credit, and participate in the extension of credit in connection with the purchase or lease of any product or service by, for use in, or for sale or lease to Vietnam.

You are authorized and directed to report this determination to the Congress and publish it in the Federal Register.

WILLIAM J. CLINTON

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