mr. steinberg will meet in china next week -- may i ask who mr. steinberg will meet in china next week? >> i am sure he will have >> i am sure he will have

mr. chairman, this is a nice place for a freshman to sit. i'd like to commend you for your leadership on these issues and thank you secretary burns for your testimony. on september 30th, deputy secretary steinberg announced that state oil and eni and world dutch pledged to end investment in iran energy sector and as a result the personal rule provided for there was no investigation into their activity. the special rule provides that and as the notice stated that they are not longer engaging in or have taken steps towards stopping activity. my first question is to what extent do those four companies continue to operate in iran's energy sector? >> just to add, sir, there's a 5th company since then too which the special rule applied impacts, a japanese company. broadly, it's a demonstration that that instrument, an important one, is working to produce the outcome that we want. with regard to the companies you mentioned, i can try to get you a more detailed answer, but we've had detailed conversations with nose companies. they are winding down quite rapidly, and they have given us clear assurances that not only are they winding down current operations, but they are not participating in any sanction

mr. chairman, this is a nice place for a freshman to sit. i'd like to commend you for your leadership on these issues and thank you secretary burns for your testimony. on september 30th, deputy secretary steinberg announced that state oil and eni and world dutch pledged to end investment in iran energy sector and as a result the personal rule provided for there was no investigation into their activity. the special rule provides that and as the notice stated that they are not longer engaging in or have taken steps towards stopping activity. my first question is to what extent do those four companies continue to operate in iran's energy sector? >> just to add, sir, there's a 5th company since then too which the special rule applied impacts, a japanese company. broadly, it's a demonstration that that instrument, an important one, is working to produce the outcome that we want. with regard to the companies you mentioned, i can try to get you a more detailed answer, but we've had detailed conversations with nose companies. they are winding down quite rapidly, and they have given us clear assurances that not only are they winding down current operations, but they are not participating in any sanction

steinberg talked about u.s. economic security as well as the role in the korean peninsula. senator kerry discussed in china costs growing energy needs and their role in the korean peninsula. mrs. about 40 minutes. -- this is about 40 minutes. >> we are combining forces. yesterday we joined forces to discuss a path forward. this year we are pleased to host a high level of delegations of chinese representatives and continue our discussion of the issues at hand. we hope our dialogue will facilitate further understanding and more trust between our countries and advance political and economic relationships. we are hosting this conversation with secretary james steinberg, and later, john kerry will be back here to give a capital phil take on the u.s.-china relationship. we will spend today and tomorrow digging deeper into our shared concerns and frictions with our counterparts, so we are very fortunate to be here this morning and into the afternoon to have two distinguished diplomat soon kick off our discussion. first, i am going to introduce sandy berger, now the chair of the group and the national security advisor to the clinton. he guided u.s. policy from the balkans to close th