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To: edamo who wrote (108175)	3/8/1999 11:34:00 AM
From: Mark Peterson CPA	Respond to of 176387

Edamo, I agree. There's no greater secret sauce to penetrating a foreign market than to create jobs and in the process, increase the standard of living and competitiveness of that nation. The 125% levy on white box imports was approximately 5 years ago. As we both know, that levy has been currently reduced to the mid-teen level, and hopefully will go lower. But an interesting thought...trade wars with anyone, the EC, China, etc. would clearly have the same affect of slowing the economy down as a rise in interest rates. Would hate to see that occur in technology. Best regards, Mark A. Peterson

To: edamo who wrote (108175)	3/8/1999 12:26:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

<--OT--> WTO and World Trade. Ed a: All member countries of World Trade Organization will have to comply with the accepted trade practices,which includes bringing down import duties to facilitate and promote international trade.India is a signatory and thus will have to comply,the rates in India have come down sharply across the board including the rates for computers so it is no longer 125% or whatever it was a few years ago.Full compliance is expected with in a few years as per WTO agreement. China is not a member of WTO yet but they are desperately seeking membership,now that the U.S is supporting China in their quest to be a member we should see China becoming a full fledged member soon. ===================== WTO membership rises to 134 Latvia, on 10 February, became the 134th member of the WTO. Thirty governments, including Latvia's neighbours Estonia and Lithuania, are currently negotiating their membership in the organization.

To: edamo who wrote (108175)	3/8/1999 1:15:00 PM
From: Mohan Marette	Respond to 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