The United States says China's accession to WTO will promote American agricultural exports
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Last Update: 2001-11-13
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Source: Internet
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Author: User
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Introduction: Doha, Nov 10: after China's accession to the world trade organization, the U.S agriculture department's director, avinarman, said Saturday, it may make U.S agricultural exports to China more than double China's accession to the WTO will raise U.S agricultural exports by $2 billion a year as it will cut tariffs and increase market access for a wide range of agricultural products in line with its WTO commitments, wienemann told Reuters "Agriculture will benefit a lot from China's accession to the WTO," venaman said She mentioned that American agricultural exports to China last year reached about 1.7 billion US dollars She was speaking shortly after Qatar, a Gulf state, accepted China's accession to the WTO at a ministerial conference The ministerial conference ended China's 15 years of WTO accession At the press briefing, Jeffrey Baird, assistant to the U.S trade negotiator, said that American farmers could expect a substantial increase in market access to China almost immediately "Basically, in terms of tariff cuts, we have a one-year start-up period," said Baird He said that according to the bilateral agreement between the United States and China in 1999, Beijing plans to gradually reduce agricultural tariffs in January this year, which remains in the final agreement between China and the world trade organization At the same time, Taiwan is expected to be admitted to the WTO on Sunday, which will increase U.S agricultural exports by $500 million a year, venaman said Last year, U.S agricultural exports to Taiwan totaled more than $2 billion, she said.
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