1992-03-19 08:26 G.1.5
GIS 3.
Rn ng
20/3
this 04112
26 MAR 1992
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HURSDAY, MARCH 19, 1992
Dr Redetts
Mr
Pa M 19/3
STI COMMENTS ON MFN VOTE
* * * *
SUPPORTERS OF THE BILL ATTACHING CONDITIONS TO THE
TRADING STATUS (MFN)
VETO IN THE PRESIDENTIAL
CHINA'S MOST
MOST FAVOURED
FAVOURED NATION (WEDNESDAY) FAILED TO OVERRIDE
Good SENATE. THE VOTE WAS 60 TO 38.
RENEWAL OF
YESTERDAY THE U.S.
INDUSTRY,
TWO-THIRDS MAJORITY THE BILL WAS THEREFORE
SECRETARY FOR TRADE AND THE COMMENTING ON THIS,
FELL SHORT OF THE MR T.H. CHAU SAID THE VOTE REQUIRED TO OVERRIDE THE PRESIDENTIAL VETO. DEAD.
CANNOT "UNFORTUNATELY THIS IS NOT THE END OF THE MATTER AND WE
THE RELEVANT U.S.
U.S. LEGISLATION, AFFORD TO BE COMPLACENT. UNDER THE RELEVANT
AN ANNUAL STATUS FOR CHINA ON PRESIDENT HAS TO RENEW MFN TRADING
DECISION CAN BE BASIS. HE HAS TO DO SO BY JUNE 3 EVERY YEAR BUT HIS
ALSO THE CONGRESS COULD OVERTURNED BY A CONGRESSIONAL RESOLUTION.
IMPOSE CONDITIONS INTRODUCE A NEW BILL IN YET ANOTHER ATTEMPT TO THE RENEWAL OF CHINA'S MFN STATUS."
ON
CONGRESS EARLIER
"PRESIDENT BUSH, IN HIS MESSAGE TO THE THIS MONTH WHEN HE VETOED THE BILL, MADE PARTICULAR REFERENCE TO KONG'S ECONOMIC WELL-BEING."
THAT BELIEVE
HONG
KONG'S TRADING
HONG ACCOUNT "WE
TAKE INTO WTLL HE
ON THE RENEWAL OF MFN INTERESTS IN DECIDING, BY JUNE 3, STATUS FOR CHINA FOR ANOTHER YEAR," MR CHAU SAID.
HE ADDED THAT THE GOVERNMENT WOULD CONTINUE TO PRIVATE SECTOR IN SUPPORT OF UNCONDITIONAL RENEWAL TRADING STATUS.
WORK WITH THE OF CHINA'S MFN
END/WONG
TIME, 07:16:56
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TOTAL P.02