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12. Codes to be signed:
2
Licensing
92-11-19 11:50 G3 ST E
P4
Customs Valuation
TBT
Civil Aircraft Subsidies Anti-dumping
13. Maintenance of q.r's.
14. Safeguards clause (in case of "serious injury", "material Injury", "injury" or "market disruption"? US 1988 text mentions "material Injury", but "market disruption", which is an MFA concept, is wider).
15. 13+14 to be linked to a review clause. (Annual meetings to review the functioning of the clause; examination overy five years of whether the reform process has progressed enough to end the "transitional period").
18. The review clause includes annual examination of statistics, plans
and laws supplied by the Chinese,
17. Schedule of tariff concessions: binding across the board of all duties (HS 1-97) at a maximum level of around 35%. (This goes beyond what other developing countries have offered in
in earlier accessions but seeks to take into account commitments requested of developing countries in the context of the Uruguay Round). A next question is whether China should be requested to bind export duties at zero on certain base materials like silk to prevent "double pricing". This also goes beyond what market economy
economy developing countries are likely to commit themselves to in the context of the Uruguay Round.
It is clear that a number of these elements could be included in the Working Party Report only, with a (legally binding) cross reference In the Protocol.
No comments yet.
Private notes are available after approval.