U.S. soybean exports to China resume

Introduction: according to the American Soybean Association, it believes that "the road for American soybean to resume export to China has been opened." After hearing a briefing from U.S government officials, the American Soybean Association said that "it has learned that China is ready to accept a" statement of regulatory review "issued by the U.S government as an intermediate measure before China completes its regulatory review of Soybeans Planted with biotech enhanced seeds." The American Soybean Association has credited the settlement of the soybean trade dispute between the United States and China to Robert Zoellick, the U.S trade negotiator, his colleagues, representatives of the U.S Department of agriculture, and President Bush of the United States During his recent visit to Shanghai, President Bush met with Chinese President Jiang Zemin and "mentioned it on two occasions," the American Soybean Association said Bart Ruth, President of the American Soybean Association, said, "the United States has a complete and in-depth regulatory review process, which can confirm that genetically modified soybeans are safe for human and animal consumption, as well as for plants and the environment China has agreed to use these security assessment procedures (provided by the US government) before completing its own regulatory system and review system " Gil Griffis, Asia director of ASA, said, "we understand that China has agreed to solve the problem of delay in unloading due to quarantine measures, which has been a problem in recent months." Stephen sensky, general manager of the American Soybean Association, said, "the American Soybean Association understands that China has agreed to investigate the delay in unloading related to quarantine procedures." He and the American Soybean Association are "hopeful" about solving the problem In a recent Reuters report, Zoellick said that China's accession to the World Trade Organization (WTO) is very close, coupled with the recent trade dispute over genetically modified organisms, so the United States will closely observe China's compliance with its commitments to the WTO When World Trade Organization negotiators meet in Doha, Qatar, in November, they are expected to sign China's accession to the world trade organization Zoellick expects that becoming a member of the world trade organization will require a restructuring of China's economy, which is likely to be widely resisted in China's provinces and cities, as well as in state-owned enterprises whose monopoly status is threatened.