Conventional wisdom in Washington holds that any time government agencies spend months in laborious negotiations, the resulting policy will be, in essence, useless. Last week, the Clinton Administration produced its long-awaited defense export reform born of just such a process (see p. 38). Unveiled were 17 initiatives, to be exact. They are aimed at easing the U.S. defense industry's dealings with America's closest allies: NATO members, Australia and Japan. (Canada already is covered under ...

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