S 2548 IS
106th CONGRESS
2d Session
S. 2548
To provide that extension of nondiscriminatory trade treatment to the
People's Republic of China be contingent on the United States and the People's
Republic of China entering into a bilateral agreement relating to
enforcement.
IN THE SENATE OF THE UNITED STATES
May 11, 2000
Mr. ASHCROFT introduced the following bill; which was read twice and referred
to the Committee on Finance
A BILL
To provide that extension of nondiscriminatory trade treatment to the
People's Republic of China be contingent on the United States and the People's
Republic of China entering into a bilateral agreement relating to
enforcement.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Securing Heightened Opportunities for
Workers, Manufacturers, and Agriculture Exporters Act' or the `SHOW-ME
Act'.
SEC. 2. CONDITIONS FOR GRANTING PERMANENT NORMAL TRADE RELATIONS TO THE
PEOPLE'S REPUBLIC OF CHINA.
(a) PERMANENT NORMAL TRADE RELATIONS FOR THE PEOPLE'S REPUBLIC OF
CHINA-
(1) IN GENERAL- Notwithstanding any other provision of law, prior to
making a determination that title IV of the Trade Act of 1974 (19 U.S.C.
2431 et seq.) should no longer apply to the People's Republic of China, the
President shall enter into a bilateral agreement regarding enforcement of
the People's Republic of China's World Trade Organization commitments.
(2) BILATERAL AGREEMENT REGARDING ENFORCEMENT-
(A) SCOPE OF AGREEMENT- For purposes of this Act, the term `bilateral
agreement regarding enforcement' means an agreement between the United
States and the People's Republic of China pursuant to which the People's
Republic of China agrees that if the United States initiates a dispute
settlement proceeding against the People's Republic of China in the World
Trade Organization and prevails and the appeals procedures are exhausted,
the People's Republic of China will not challenge or request arbitration
on the level of the suspension of concessions or other obligations the
United States may take with respect to the People's Republic of China
pursuant to the Understanding On Rules And Procedures Governing The
Settlement Of Disputes.
(B) DURATION OF AGREEMENT- The agreement described in subparagraph (A)
shall apply for a 15-year period beginning on the date that the People's
Republic of China accedes to the World Trade Organization.
END