| Contact: |
John Schachter |
|
202-872-1260 |
| Release Date: |
06/03/1999 |
"The Business Roundtable is pleased that President Clinton
is extending Normal Trade Relations (NTR) status for China. It
is the right thing to do, and a vital step toward normalizing
our economic relationship with China. Trade with China is a
cornerstone of a stable U.S.-China relationship and presents
Americans with unprecedented opportunities with the world's
most-populous country.
Renewing NTR is important, but it is also critical to press
forward to resolve the remaining U.S.-China trade issues so
that we can achieve the important objectives of China's
admission into the World Trade Organization (WTO) and
permanent NTR status, which will enable the United States to
reap the benefits of China's WTO membership. Accomplishing
these objectives this year will help assure U.S.
competitiveness in the new millennium. NTR for China not only
sustains hundreds of thousands of export- and import-related
jobs, but it also supports U.S. companies operating in
China."
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