RESTRICTED
Ная справа.
14172(175
MDLIAN 8535
RESTRICTED
FM WASHINGTON
TO PRIORITY FCO
TELNO 2254
OF 15212OZ OCTOBER 92
AND TO PRIORITY PEKING, ACTOR
INFO PRIORITY HONG KONG, BTC HONG KONG, UKMIS GENEVA
74
PEKING TELNO 1413: US/CHINA TRADE NEGOTIATIONS
SUMMARY
1.
CHINA COMMITTED TO REMOVING NEARLY ALL NON-TARIFF BARRIERS OVER
TARIFF 7 YEARS AND TO MAKING TRADE RULES MORE TRANSPARENT. REDUCTIONS TO FOLLOW IN 1993. ALL TRADING PARTNERS BENEFIT, NOT JUST UNITED STATES.
DETAIL
2. USTR GAVE US A READ-OUT TODAY OF THE AGREEMENT BETWEEN THE U.S AND CHINA IN THE SECTION 301 CASE ON CHINA'S BARRIERS TO U.S EXPORTS, WHICH WAS ARRIVED AT IN TALKS HERE ON 9 OCTOBER AND CONFIRMED IN A MEMORANDUM OF UNDERSTANDING SIGNED ON 10 OCTOBER (COPIES BY BAG TO OT2, DTI).
3. UNDER THE MOU, CHINA IS COMMITTED TO REMOVING A WIDE RANGE OF NON-TARIFF BARRIERS OVER THE NEXT 5 YEARS. ABOUT 75% OF ALL IMPORT LICENSING REQUIREMENTS, QUOTAS, CONTROLS AND RESTRICTIONS WILL BE ELIMINATED WITHIN 2 YEARS, AND 92% OF SUCH RESTRICTIONS WILL HAVE GONE BY THE END OF 1997. THE MOU IS ACCOMPANIED BY A DETAILED LIST
THE SHOWING THE NATURE OF THE RESTRICTION AND THE PHASE-OUT DATE. RESTRICTIONS WHICH WILL REMAIN AFTER 1997 APPLY TO SOME IMPORTANT PRODUCTS (EG NATURAL RUBBER AND WOOL) WHICH ARE NOT HOWEVER OF INTEREST TO THE U.S.
4.
ALTHOUGH THE CHINESE ARE FIRMLY COMMITTED TO THE PHASE-OUT, USTR ARE PRIVATELY CONCERNED THAT THE INITIAL INCREASES IN QUOTAS WILL BE SMALL, LEAVING A LARGE GAP TO BE BRIDGED IN THE FINAL YEAR. THEY HAD URGED THE CHINESE TO PHASE IN THE CHANGES MORE GRADUALLY, BUT THE CHINESE WERE STILL THINKING IN CENTRAL PLANNING TERMS ABOUT THE LEVELS OF IMPORTS WHICH WOULD BE REQUIRED EACH YEAR.
5. CHINA WILL ALSO SIGNIFICANTLY REDUCE TARIFFS ON A RANGE OF GOODS BY THE END OF 1993. THERE ARE NO DETAILS OF THE SIZE OF THE REDUCTIONS. THE DEFINITIVE LIST OF PRODUCTS AND THE NEW RATES WILL
1
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