Contact: |
John Schachter |
|
202-872-1260 |
Release Date: |
07/27/1999 |
STATEMENT BY DANA MEAD
CHAIRMAN, THE BUSINESS
ROUNDTABLE
CHAIRMAN & CEO, TENNECO
"Today's vote
was the opening round in the fight to finally open the world's
largest marketplace to American workers, farmers, products and
companies. China's accession to the World Trade Organization
(WTO) is the next key step - and one we hope Congress will
take promptly, once a final market-opening trade agreement is
reached.
Congress demonstrated today that it is ready to afford
American business and workers unfettered access to worlds of
new trade opportunities for America and to bring China under
global trade rules. Let's hope that someday we look back at
the last year of this millennium as the start of a historic
new era of open global trade with the world's largest
marketplace."
STATEMENT BY PHILIP M. CONDIT
CHAIRMAN, BRT
INTERNATIONAL TRADE & INVESTMENT TASK FORCE
CHAIRMAN
& CEO, THE BOEING COMPANY
"Today's vote by the
Congress to extend normal trading relations (NTR) status for
China is a clear demonstration that Congress and the
Administration continue to believe that normal trade with
China is crucial to not only strong and stable commercial
relations, but to the broader U.S.-China relationship.
We hope this strong signal will help move forward the
process of negotiating China's accession to the WTO, thereby
laying the foundation for U.S. extension of permanent NTR
later this year."
# # #
The Business Roundtable is an
association of chief executive officers of leading
corporations with a combined workforce of more than 10 million
employees in the United States. The chief executives are
committed to advocating public policies that foster vigorous
economic growth and a dynamic global economy.