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2000/05/24 fact sheet on China, WTO, and PNTR

1997-2001.state.gov · 1,026 words · saved by 1 readers

The U.S. House of Representatives passed legislation to grant Permanent Normal Trade Relations with China (PNTR) on May 24, 2000. Secretary of State Madeleine Albright has called the House vote "the right decision for America." The Senate will vote on similar legislation in June, and as President Clinton has stated, if the Senate votes as the House has done, "it will open new doors of trade for America and new hope for change in China." China has been negotiating for the past thirteen years to gain entry into the World Trade Organization (WTO). On November 15, 1999, the U.S. and China reached a bilateral accession agreement that will result in a dramatic opening of the China market to U.S. goods and services once China joins the WTO. This agreement will require no new market opening steps by the U.S. Instead, the U.S. will simply maintain the market access policies we currently apply. The U.S. has granted China Normal Trade Relations (NTR) status every year on an annual basis since 198

2000/05/24 fact sheet on China, WTO, and PNTR Other State Department Archive Sites The State Department web site below is a permanent electronic archive of information released online from January 1, 1997 to January 20, 2001. Please see www.state.gov for current material from the Department of State. Or visit http://2001-2009.state.gov for information from that period. Archive sites are not updated, so external links may no longer function. Contact us with any questions about finding information. NOTE: External links to other Internet sites should not be construed as an endorsement of the view

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