To: Maurice Winn who wrote (23531 ) 2/28/1999 12:29:00 AM From: Ruffian Read Replies (2) | Respond to of 152472
Maybe There Is An Upside> Saturday February 27, 4:47 pm Eastern Time U.S. commerce secretary hopeful on China-WTO talks (Adds attribution to CNN program, 3rd para) WASHINGTON, Feb 27 (Reuters) - U.S. Commerce Secretary William Daley said on Saturday he hoped U.S. officials would convince China to open its commercial markets enough to win membership in the World Trade Organization. But he did not say whether the United States could forge an agreement with Chinese leaders in time for a planned Washington visit by the Chinese prime minister in April. ''We are hopeful that we could get an agreement,'' Daley said on CNN's ''Evans, Novak, Hunt and Shields.'' ''The date and how soon we can get it is not as important as the terms.'' U.S. Secretary of State Madeleine Albright is scheduled to visit the Communist nation next week to talk about a variety of issues, including adding China to the WTO. On Thursday, U.S. Trade Representative Charlene Barshefsky, who is scheduled to visit China after Albright, said progress in the WTO talks was ''very slow.'' While the Clinton administration is committed to bringing China into the WTO, Daley said that would happen only after a ''meaningful'' agreement allowing more U.S. imports into the country. China sought admission to the WTO on more lenient terms granted to developing nations. But the United States, which had a $57 billion trade deficit with China last year, said the country is too big to join the WTO on the the same terms as the world's poorest nations. Daley said U.S. officials could still work with China on opening trade despite a harsh State Department report released on Friday on the Communist nation's human rights polices. ''We believe the way to see those human rights abuses addressed is to continue to engage with the Chinese,'' Daley said. ''But we are committed to working with the Chinese, both on the human rights area and in the commercial area.'' Related News Categories: politics, US Market News