
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, May 22, 1990                   TAG: 9005220144
SECTION: BUSINESS                    PAGE: A3   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

U.S. FIRMS CALLED SLOW IN EUROPE

Commerce Secretary Robert Mosbacher said Monday that U.S. business has been too slow to take advantage of opportunities in Eastern European nations moving away from communism.

Mosbacher said Zbigniew Brzezinski, national security adviser to former President Carter, was surprised at the slow pace of investment compared to the moves into Spain and Portugal when dictatorships ended in those countries.

"I second Dr. Brzezinski's statement," Mosbacher said. "Spain and Portugal have come a long way in 20 years - and so have American businesses who went into those countries early." He spoke at a seminar on business relations between the United States, Eastern Europe and the Soviet Union. - Associated Press

by CNB