China and the United States have reached a new agreement on soybean trade, but the quota issue remains unresolved
-
Last Update: 2002-09-27
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: U.S trade officials said Wednesday that China has agreed that the new import regulatory policy for genetically modified agricultural products will not affect the U.S soybean trade, but the issue of tariff quotas has not been resolved From December 20, the new policy of permanent safety certificate for genetically modified agricultural products will be implemented But Allen F Johnson, chief U.S trade negotiator, said the soybean purchase contract signed before that date would not be affected by the new policy PJY is not so successful in solving the problem of China's tariff quota China's tariff quota system hinders the import of American agricultural products, including wheat and corn PJY China has been accused of violating the agreement on granting commercial shipping tariff quotas to traders under the WTO framework 'we haven't seen the tariff quotas work in the normal way, but we will continue to work hard,' Mr Johnson said.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
