II.  LEADING TRADE PROSPECTS FOR U.S. BUSINESS:  (For specific data on
trends in the following areas, as well as in other sectors, see Appendix B.)

A.  TRADE WITH BELGIUM IS EXCELLENT IN MANY INDUSTRIAL AND SERVICE
    SECTORS:  (Data in the following tables is in US$ millions and ranked
               by two year expected growth rate in U.S. exports)

1.   Pollution Control Equipment (POL)
      a) 1,800   b) 100
2.   Telecommunication Services (TES)
      a) 4,840   b) 668
3.   Aircraft and Parts (AIR)
      a) 720     b) 300
4.   Building Products (BLD)
      a)12,108   b) 61
5.   Computer Software (CSF)
      a) 1,800   b) 778
6.   Telecommunication Equipment (TEL)
      a) 2,795   b) 159
7.   Computer Services (CSV)
      a) 2,132   b) 518
8.   Medical Equipment (MED)
      a) 668     b) 120
9.   Travel and Tourism Services (TRA)
      a) 10,015  b) 350
10.  Laboratory Scientific Instruments (LAB)
      a) 230     b) 127
11.  Sporting Goods and Recreational Equipment (SPT)
      a) 788     b)   8
12.  Seafood (MFI)
      a) 650     b)  15
13.  Printing and Graphic Art Equipment (PGA)
      a) 580     b) 218
14.  Computer and Peripherals (CPT)
      a) 1,858   b) 436
15.  Automotive Parts and Services Equipment (APS)
      a) 3,774   b) 114
16.  Textile Fabrics (TXF)
      a) 2,100   b) 86
17.  Plastic Materials and Resins (PMR)
      a) 2,890   b) 168
18.  Apparel (APP)
      a) 3,050   b)  85
19.  Electric Power Systems (EPS)
      a) 3,229   b)  80
20.  Coal (COL)
      a) 720     b) 293

NOTE:  a) 1994 estimated total Belgium market size (US$ M.)
       b) 1994 estimated imports from the United States (US$ M.)

B.)  TRADE WITH BELGIUM IN THE FOLLOWING AGRICULTURAL SECTORS IS ALSO
EXCELLENT FOR U.S. COMPANIES: (See Appendix B for details.)

          (Data in the following tables is in dols US millions)
          (Ranked by two year expected growth rate in U.S. exports)

1.   Wine
     a)   510      b)  1.4


2.   Sauces and Preparations
     a)    19      b)  1.4

3.   Grain, and Grain Preparations
     a)   800      b) 37

4.   Animal Feeds
     a) 1,900      b) 10

5.   Fruits and Nuts
     a)   770      b) 17

6.   Citrus Fruits and Juices
     a)   141      b) 5

7.   Forest Products
     a)   875      b) 120

NOTE: a) 1994 estimated total Belgium market size (US$ M.)
      b) 1994 estimated imports from the United States (US$ M.)

C.)  OTHER AREAS OF OPPORTUNITY FOR AMERICAN FIRMS IN BELGIUM INCLUDE THE
FOLLOWING:

1.  Partial privatization of Belgacom (the state telecommunications
company).

2.  Possible further privatization of the Zaventem international airport
operation.

3.  Location of a European-wide distribution center in Belgium.

4.  Location of a European-wide coordination center in Belgium.

5.  Development of a strategic alliance with a Belgian firm in one of the
following sectors: communications, biotechnology, the environment,
energy, chemicals, and electronics.  Such a venture could be targeted
at Western Europe, Eastern Europe, or the Middle East.

6.  Competition for a second cellular license in Belgium due by year's end
along with several other major telecommunications purchases upcoming such
as one on central switching equipment.

7.  Water sewage project.  Brussels North sewage treatment plant is the
second of two waste water treatment plants planned for Brussels.  The
first, Brussels South, is already under construction.  At present, all
waste water from Brussels, a city with a population of 1.5 million, is
being discharged into a canal.  The Brussels North plant will be designed
to treat the effluent of 850,000 inhabitants by the year 2000.  This $300
million plant basically will treat household waste water and a minimal
amount of industrial waste water.

The plant is being planned by the Brussels Environmental Ministry, B.I.M.
- I.B.G.E., Gulledelle 100, B-1200 Brussels, Belgium, TEL: 32/2/775-7501,
FAX: 32/2/775-7505, CONTACT: Mr. J-P Janssens, Counselor.  Later this
year, a new agency will be created to design, finance and manage water
treatment plants in Brussels.  This could be a mixed form of public and
private organization, comparable to Aquafin, a company that has been
created for the Flemish Region.  For Aquafin, Severn Trent, a British
group, offered both technology and 49 percent financing (the remaining 51
percent being provided by government funding).  Contracts for the Brussels
North water treatment plant are expected to be awarded in mid 1996.