rojects.
The examination of the international trading opportunities for the Mobil Corp. in View Nam indicated that that country has extensive requirements for the participation of foreign based companies in its economic redevelopment. Infrastructure requirements alone total more than $20 billion.2 Other developmental requirements total an equal amount. In addition to these developmental requirements, Viet Nam is also desirous of developing its natural resource base.3 Viet Nam's premier natural resource is its undeveloped petroleum reserve, which lie under the country's offshore waters.4 These reserves are
2R. Redmond, "Once Embargo Is Lifted, the Race Will Be On," Pacific Rim Report (Seattle Post Intelligencer), 18 March 1991, B6 B7.
4Ibid.thought to be both extensive and rich. Leases for development in Viet Nam's offshore oil reserves have already been signed with 10 non American oil companies.5 American companies are currently barred fro
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