HUD's Sponsorship of U.S. Companies' Participation in the International Trade Show for Construction Equipment and Technology in Moscow, U.S.S.R.

T-RCED-88-57: Published: Aug 3, 1988. Publicly Released: Aug 3, 1988.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO discussed the: (1) Department of Housing and Urban Development's (HUD) trade promotion expenditures and activities relating to a construction equipment and technology trade show held in Moscow; and (2) trade show's effectiveness in securing business opportunities for participating U.S. firms in the Union of Soviet Socialist Republics (USSR). GAO noted that HUD: (1) was the designated U.S. executive agency for implementing a U.S.-USSR agreement on housing and other construction; (2) undertook the trade promotion activities with the Department of Commerce's support; (3) delivered product information and conducted an advance marketing mission to identify Soviet interest in U.S. products, resulting in the participation of 110 U.S. firms in the trade show; (4) violated the Antideficiency Act, since it did not have authority to spend about $1.6 million in appropriated funds for commercial trade promotion activities and did not charge the funds to its research support account; and (5) did not follow Commerce trade promotion practices when it paid certain expenses for participating U.S. firms. GAO also noted that eight companies have reported conducting some business as a result of the trade show, with: (1) four firms conducting less than $25,000 worth of work; (2) two firms conducting between $25,000 and $100,000; and (3) two firms conducting over $1 million.

Oct 19, 2017

Oct 12, 2017

Oct 4, 2017

Sep 28, 2017

Sep 19, 2017

Sep 13, 2017

Sep 7, 2017

  • international icon: Art Explosion

    Diplomatic Security:

    Key Oversight Issues
    GAO-17-681SP: Published: Sep 7, 2017. Publicly Released: Sep 7, 2017.

Sep 5, 2017

Aug 29, 2017

Looking for more? Browse all our products here