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US business says patient on China WTO commitments
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USA: February 11, 2002


WASHINGTON - As China begins the difficult process of complying with hundreds of commitments it has made to open its economy to more foreign competition, the U.S. business community is prepared to give Beijing some leeway for a while, a U.S. business leader said last week.


"I think that there's a general view in the business community that we don't want to rush" to launch trade cases against China for noncompliance with its World Trade Organization commitments, Christian Murck, chairman of the American Chamber of Commerce in China, told reporters.

"Sooner or later" that probably will happen, just as Beijing also probably will resort to the WTO dispute-settlement process when it believes its exports are being hampered by unfair trade barriers, Murck said.

In the near term, at least, the business community is prepared to work with Beijing and the U.S. government to try to resolve problems before they get to that level, he said.

Late last year, China and Taiwan became the newest members of the World Trade Organization - in Beijing's case capping a 15-year effort to join the world trade body.

Murck said he expected President George W. Bush to touch on WTO implementation issues when he meets with Chinese leaders Feb. 21-22, although much of the discussions probably will focus on post-Sept. 11 security concerns.

Last week, U.S. Agriculture Secretary Ann Veneman and U.S. Trade Representative Robert Zoellick issued a joint statement criticizing China for its new rules on genetically modified crops, which they said threaten to halt billions of dollars worth of annual U.S. farm exports.

Murck said he expected Bush to bring up the issue in his meeting with Chinese President Jiang Zemin.

On the bright side, rules for new tariff-rate quotas on agricultural imports have been released after an initial delay.

Murck also cautioned against early verdicts on how well China is meeting its WTO commitments.

"It'll be a long time before we have a clear across-the-board judgment," Murck said. "You're probably talking about three to five years."


REUTERS NEWS SERVICE

Reuters



© 2008 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters.
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