m
FRIDAY, AUGUST 5, 1994
IT
FOR ITS OWN EITHER UNDER- OF MARKET
"YES, CHINA WANTS TO HAVE BETTER AND MORE CERTAIN ACCESS TO THE
MARKETS, BUT WORLD'S
PROTECTION ALSO WANTS SOME INCLUDING
ARE SERVICE INDUSTRIES, WHICH INDUSTRIES, DEVELOPED OR OTHERWISE VULNERABLE DURING THE EARLY STAGES REFORMS.
MR MILLER NOTED THAT THESE SO-CALLED MARKET DISRUPTION WERE NOTHING NEW.
"SAFEGUARDS"
AGAINST
EVERYONE HAS WAIVERS THAT SPECIAL INTEREST
"WITH THE POSSIBLE EXCEPTION OF HONG KONG, NO ONE CAN AFFORD TO TAKE A 'HOLIER THAN THOU ATTITUDE IN THESE DISCUSSIONS. SKELETONS IN THE CUPBOARD, THE LITTLE EXCEPTIONS, THE THEY HAVE FELT OBLIGED TO TAKE IN RESPONSE TO SOME GROUP BACK HOME," HE SAID.
"EUROPE
TEXTILES RIDICULOUSLY
AND NORTH AMERICA HAVE PROTECTED THEIR INDUSTRIES CLOTHING
WITH FOR SOME 30 YEARS BOTH TARIFFS AND WITH QUANTITATIVE RESTRAINTS.
AND HIGH
BEING
"AGRICULTURE HAS BEEN ANOTHER EXCEPTION AND IS ONLY JUST BROUGHT UNDER GATT RULES AND DISCIPLINES FOLLOWING THE URUGUAY ROUND.
17
COMPLEX
THE
'ACTION HAS ONLY RECENTLY BEGUN TO STRIP AWAY A WHOLE OF PROTECTIVE RULES AND REGULATIONS FROM THE SERVICES MARKETS OF DEVELOPED WORLD. THE JONES ACT' REMAINS A MONUMENT TO THE DIFFICULTY OF WITHDRAWING PROTECTION TO AN INDUSTRY ONCE IT HAS BEEN GRANTED."
RE-
A
NEVERTHELESS, MR MILLER STRESSED THE IMPORTANCE OF CHINA'S
PARTIES JOINING THE GATT ON THE RIGHT TERMS, AND HE NOTED THAT THE CONCERNED WERE TAKING A POSITIVE ATTITUDE IN THEIR EFFORTS TO FIND SOLUTION IN GENEVA.
TO
OF CHINA'S IMPROVE THE AND PROCEDURES. OVERSEAS
"GETTING CHINA INTO THE GATT/WTO WILL PROVIDE ALL
WITH
AND TRADING
WILL BETTER MARKET ACCESS PARTNERS TRANSPARENCY OF CURRENTLY COMPLEX AND VARYING RULES IT WILL ALSO PROVIDE CHINESE EXPORTERS WITH BETTER ACCESS MARKETS, HE SAID.
BE
CHINA'S
AND THE
PROCESS OF
"BUT JUST AS
AS BOTH OF IMPORTANT
THESE WILL COMMITMENT ΤΟ A SYSTEM OF MULTILATERAL TRADING OBLIGATIONS POSITIVE
THIS WOULD HAVE ON THE CONTINUING IMPLICATIONS
REFORM.
"ALL GOVERNMENTS
HAVE FOUND
PROTECTION.
AND FREE
OF ALL GATT CONTRACTING PARTIES THAT THE GATT HELPS THEM TO RESIST DOMESTIC DEMANDS FOR SIMPLY BELONGING TO THE CLUB HELPS KEEP THE PROTECTIONIST AT BAY, HELPS KEEP GOVERNMENTS POINTED IN THE RIGHT DIRECTION, TRADE AND OPEN MARKETS.
TOWARDS
14