Report Due on Promotion of Key U.S. Exports : Commerce: Clinton will reveal plan to boost American industries overseas and ease technology transfer controls.

The Clinton Administration is plotting a two-pronged offensive on behalf of American business that would propel exports and peel back strict controls on technology transfers, officials say.

An interagency group led by the Commerce Department will wrap up a broad study on export promotion next month, laying out what went wrong in past U.S. efforts to boost key industries overseas and how money might better be spent.

“We already spend a decent amount of money on export promotion, but we don’t have a conscious, coordinated policy,” an Administration official said.

The report, prepared by the Trade Promotion Coordinating Committee, is due out at the end of September.

Exports have been a major part of the weak expansion in the U.S. economy, and the Administration says that every $1 billion in overseas sales translates into 19,000 jobs at home.

“So the stakes are simply too high not to make significant changes. Export expansion is one of the pillars of President Clinton’s overall economic program,” said a senior Commerce Department official, who spoke on condition of anonymity.

Just as the Clinton team insists on “measured success” when dealing with its trading partners, it will now set itself barometers to gauge the results of its export drive.

Now that the Cold War is over, U.S. high-tech companies are arguing for a relaxation in strict laws that have long prevented them from selling powerful equipment overseas.

The key, however, will be striking a balance between national security concerns and business opportunities.