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15 August 2006

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    [Federal Register: August 15, 2006 (Volume 71, Number 157)]

    [Notices]

    [Page 46979]

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    [DOCID:fr15au06-85]

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    U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION

    Notice of Open Public Hearing

    AGENCY: U.S.-China Economic and Security Review Commission.

    ACTION: Notice of open public hearing--September 14, 2006, Washington,

    DC.

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    SUMMARY: Notice is hereby given of the following hearing of the U.S.-

    China Economic and Security Review Commission.

        Name: Larry M. Wortzel, Chairman of the U.S.-China Economic and

    Security Review Commission.

        The Commission is mandated by Congress to investigate, assess,

    evaluate and report to Congress annually on the U.S.-China economic and

    security relationship. The mandate specifically charges the Commission

    to ``analyze and assess the Chinese role in the proliferation of

    weapons of mass destruction (WMD) and other weapons (including dual-use

    technologies) to terrorist-sponsoring states, and suggest possible

    steps which the United States might take, including economic sanctions,

    to encourage the Chinese to stop such practices.'' Pursuant to this

    mandate, the Commission will hold a public hearing in Washington, DC on

    September 14, 2006.

    Background

        This event is the eighth and final hearing in a series of public

    hearings the Commission will hold during its 2006 report cycle to

    collect input from leading experts in academia, business, industry,

    government and the public on the impact of the economic and national

    security implications of the U.S. growing bilateral relationship with

    China. The September 14, 2006, hearing is being conducted to obtain

    commentary about the economic and national security implications of

    Chinese proliferation practices and its role in the North Korean and

    Iranian nuclear program, and the impact of these issues on U.S.

    security interests. In particular, the hearing will examine China's

    involvement in the North Korean and Iranian nuclear situations and the

    role it is, or should be, playing to resolve the current crises.

    Information on hearings, as well as transcripts of past Commission

    hearings, can be obtained from the USCC Web site http://www.uscc.gov.

        This hearing will address ``China's Proliferation to North Korea

    and Iran, and Its Role in Addressing the Nuclear and Missile Situations

    in Both Nations'' and will be co-chaired by Commissioners Daniel

    Blumenthal and William Reinsch.

    Purpose of Hearing

        The hearing is designed to assist the Commission in fulfilling its

    mandate by examining China's proliferation activities, transfers of WMD

    technology by Chinese entities to Iran, North Korea and other states of

    concern, and developments in connection with China's role in the Six-

    Party Talks with North Korea.

        Copies of the hearing agenda will be made available on the

    Commission's Web site http://www.uscc.gov. Any interested party may

    file a written statement by September 14, 2006, by mailing to the

    contact below. The hearing will be held in two sessions, one in the

    morning and one in the afternoon, where Commissioners will take

    testimony from invited witnesses. There will be a question and answer

    period between the Commissioners and the witnesses.

    Date and Time: Thursday, September 14, 2006, 8:30 a.m. to 4:30 p.m.

    Eastern Standard Time. A detailed agenda for the hearing will be posted

    to the Commission's Web site at http://www.uscc.gov in the near future.

    ADDRESSES: The hearing will be held on Capitol Hill in Room 385 Russell

    Senate Office Building. Public seating is limited to about 50 people on

    a first come, first served basis. Advance reservations are not

    required.

    FOR FURTHER INFORMATION CONTACT: Any member of the public wishing

    further information concerning the hearing should contact Kathy

    Michels, Associate Director for the U.S.-China Economic and Security

    Review Commission, 444 North Capitol Street, NW., Suite 602,

    Washington, DC 20001; phone: 202-624-1409, or via E-mail at

    kmichels@uscc.gov.

        Authority: Congress created the U.S.-China Economic and Security

    Review Commission in 2000 in the National Defense Authorization Act

    (Pub. L. 106-398), as amended by Division P of the Consolidated

    Appropriations Resolution, 2003 (Pub. L. 108-7), as amended by

    Public Law 109-108 (November 22, 2005).

        Dated: August 9, 2006.

    Kathleen J. Michels,

    Associate Director, U.S.-China Economic and Security Review Commission.

     [FR Doc. E6-13304 Filed 8-14-06; 8:45 am]

    BILLING CODE 1137-00-P

    -----------------------------------------------------------------------

    [Federal Register: August 15, 2006 (Volume 71, Number 157)]

    [Notices]

    [Page 46978-46979]

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    [DOCID:fr15au06-84]

    =======================================================================

    -----------------------------------------------------------------------

    U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION

    Notice of Open Public Hearing

    AGENCY: U.S.-China Economic and Security Review Commission.

    ACTION: Notice of open public hearing--August 22, 2006, Washington, DC.

    -----------------------------------------------------------------------

    SUMMARY: Notice is hereby given of the following hearing of the U.S.-

    China Economic and Security Review Commission.

        Name: Larry M. Wortzel, Chairman of the U.S.-China Economic and

    Security Review Commission.

        The Commission is mandated by Congress to investigate, assess,

    evaluate and report to Congress annually on the U.S.-China economic and

    security relationship. The mandate specifically charges the Commission

    to investigate ``the extent of Chinese access to, and use of United

    States capital markets, and whether the existing disclosure and

    transparency rules are adequate to identify Chinese companies which are

    active in United States markets and are also engaged in proliferation

    activities or other activities harmful to United States security

    interests.''

        Pursuant to this mandate, the Commission will hold a public hearing

    in Washington, DC on August 22, 2006, to assess the nature and

    consequences of interaction between the Chinese and U.S. capital

    markets. China agreed to open its financial system to foreign

    participation when it joined the World Trade Organization. This process

    is already underway and accelerating, and the Commission, therefore,

    believes it is important and timely to assess the nature and

    consequences of interaction between the Chinese and U.S. capital

    markets.

    Background

        This event is the seventh in a series of public hearings the

    Commission will hold during its 2006 report cycle to collect input from

    leading experts in academia, business, industry, government and the

    public on the impact of the economic and national security implications

    of the U.S. growing bilateral trade and economic relationship with

    China. The August 22 hearing is being conducted to obtain commentary

    about the economic and national security implications of Chinese

    macroeconomic policies on U.S. capital markets, exchange rates and

    interest rates. Information on upcoming hearings, as well as

    transcripts of past Commission hearings, can be obtained from the USCC

    Web site http://www.uscc.gov.

        This hearing will address ``China's Financial System and Monetary

    Policies: The Impact on U.S. Exchange Rates, Capital Markets, and

    Interest Rates'' and will be Co-chaired by Chairman Larry M. Wortzel

    and Commissioner Patrick A. Mulloy.

    Purpose of Hearing

        At this hearing the Commission seeks to assess the health of the

    Chinese financial system, evaluate the nature of foreign participation

    and understand the relationship between China's financial system and

    domestic Chinese politics. The Commission also seeks to explore the

    nature of capital flows into and out of China in order to understand

    how those flows affect U.S. interest rates and the value of the dollar.

        The hearing is designed to assist the Commission in fulfilling its

    mandate by examining the condition of China's financial system, its

    increasing openness to foreign competition as required under WTO rules,

    China's WTO commitments to the financial sector, and the impact of

    Chinese macroeconomic policies on U.S. capital markets.

        Copies of the hearing agenda will be made available on the

    Commission's Web site http://www.uscc.gov. Any interested party may

    file a written statement by August 22, 2006, by mailing to the contact

    below. The hearing will be held in two sessions, one in the morning and

    one in the afternoon, where Commissioners will take testimony from

    invited witnesses. There will be a question and answer period between

    the Commissioners and the witnesses.

    Date and Time: Tuesday, August 22, 2006, 8:30 a.m. to 4:30 p.m. Eastern

    Standard Time. A detailed agenda for the hearing will be posted to the

    [[Page 46979]]

    Commission's Web site http://www.uscc.gov in the near future.

    ADDRESSES: The hearing will be held on Capitol Hill in Room 385 Russell

    Senate Office Building. Public seating is limited to about 50 people on

    a first come, first served basis. Advance reservations are not

    required.

    FOR FURTHER INFORMATION CONTACT: Any member of the public wishing

    further information concerning the hearing should contact Kathy

    Michels, Associate Director for the U.S.-China Economic and Security

    Review Commission, 444 North Capitol Street, NW., Suite 602,

    Washington, DC 20001; phone: 202-624-1409, or via E-mail at

    kmichels@uscc.gov.

        Authority: Congress created the U.S.-China Economic and Security

    Review Commission in 2000 in the National Defense Authorization Act

    (Pub. L. 106-398), as amended by Division P of the Consolidated

    Appropriations Resolution, 2003 (Pub. L. 108-7), as amended by

    Public Law 109-108 (November 22, 2005).

        Dated: August 9, 2006.

    Kathleen J. Michels,

    Associate Director, U.S.-China Economic and Security Review Commission.

     [FR Doc. E6-13303 Filed 8-14-06; 8:45 am]

    BILLING CODE 1137-00-P