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Technology Stocks : Dell Technologies Inc.
DELL 123.88-0.1%3:59 PM EST

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To: edamo who wrote (108175)3/8/1999 1:15:00 PM
From: Mohan Marette   of 176387
 
<--OT-->China and WTO

Ed a:

Here is a bit more information on China entry into WTO.
============
3/8/99] BEIJING, March 7 - China on Sunday hailed "important progress" in bilateral negotiations with the United States on entry into the World Trade Organisation (WTO) but warned that differences remained, AFP reported.

"Recently, US Trade Representative Charlene Barshefsky came to Beijing for consultations on China's accession into the WTO. These consultations have produced important progress and are constructive," Foreign Minister Tang Jiaxuan told a media briefing.

"However, there are still some important differences between the two sides," he said when asked if further progress would be made during the visit of Chinese Premier Zhu Rongji to the United States in April.

Barshefsky gave a similar appraisal of the state of negotiations after her talks in Beijing on March 4.

China has been trying to join the WTO for more than a decade, but progress had ground to a halt over the schedule for trade liberalisation in China, which wants the leeway granted to developing nations.

US officials have been pushing Beijing to move fast before the next round of multilateral trade negotiations, scheduled to get under way with a WTO ministerial meeting in Seattle on November 30.

Washington had also hoped to forge an agreement before Premier Zhu's scheduled visit to the United States in April.

Although Barshefsky said after her talks that negotiations "have never been driven by the clock," she added that Zhu's scheduled US visit did provide potential impetus for an agreement
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