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To: ms.smartest.person who wrote (1448)	6/20/2001 5:30:18 PM
From: ms.smartest.person	Read Replies (1) of 2248

EU, China Reach Trade Deal, Paves Way For China WTO Entry 02:02, 2001-06-21 BRUSSELS (Dow Jones)--The European Union and China reached agreement on a number of outstanding bilateral trade issues Wednesday, thereby lending further support to China's bid to join the World Trade Organization. The deal comes on the back of two days of negotiations in Brussels, but the E.U. Commission said in a statement that it could not give any specific details of the agreement it struck with China. ``The political will shared by both the E.U. and China to clear the obstacles to China's WTO accession has borne fruit,' said E.U. Trade Commissioner Pascal Lamy in a statement. ``The way is now clear for China to join the WTO in coming months.' The endorsement, which was expected, follows a similar deal reached between the U.S. and China two weeks ago. China needs support from all 141 members in its near 15-year effort to join the Geneva-based global trade body. China's accession will be debated at the WTO next week. Lamy said the E.U. will work together with China in Geneva to rapidly finalize their agreement. -By Martin Boer, Dow Jones Newswires; 32-2-285-0131; martin.boer@dowjones.com Copyright c 1999-2000 Dow Jones Inc. All rights reserved. quamnet.com

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