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Essay / Research Paper Abstract
In this 16 page research paper, the writer examines the formal normalization of trade between the U.S. and Vietnam-- announced during the mid 1990's. The years leading upto this monumental event are described, statistical figures are analyzed, and the writer presents some of the issues that lie ahead-- concerned with whether or not lingering resentment will lead to greater social strife between the people of these two countries. Issues and other challenges to successful normalization are assessed. Bibliography lists 8 sources.
Page Count:
16 pages (~225 words per page)
File: D0_Vietnamr.doc
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Unformatted sample text from the term paper:
with the small Asian country were declared completely normalized. By deciding to establish diplomatic relations and re-open trade with Viet Nam, President Bill Clinton did for America what none
of his predecessors had been able to achieve: He ended Americas obsession with the phantom of the humiliating fall of Saigon in 1975 and its widespread tendency to think about
Vietnam as a war instead of as a country. The actual decision to normalize U.S.-Vietnamese relations, announced by Clinton on July 11, 1995, not only puts the lingering social divisions
of the war firmly in the past but also expands the basis for cultural and commercial relationships of direct benefit to many Americans (Pierpoint, 1995).
The new U.S. approach toward Vietnam results from the countrys transition to a free market and a more open society and the growing interest of investors in participating in
the process. Its foreign investment laws make Vietnam one of the most progressive and attractive countries in Asia, according to the U.S. Department of Commerce. According to my research,
more than 100 U.S. businesses are now represented in the country and have identified some $10 billion in sales that they expect to make between now and 1998 (Pierpoint, 1995).
One-quarter of a million American citizens visited Vietnam last year, a number that reportedly should have been reached this around the conclusion of summer. American
geo-strategic interests are served by the normalization as well. Numerous boundary and other territorial disputes have yet to be resolved in the region. Diplomacy may build confidence, foster cooperative security
arrangements, and slow the regional arms race, which is growing in intensity. Vietnams military prowess and longstanding wariness of the Chinese ambition to control the South China Sea will also
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