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141721 MDLIAN 535
BE PUBLISHED TOWARDS THE END OF NEXT YEAR.
6.
ALL THE CHANGES ARE ON AN MFN BASIS, AND SO WILL APPLY TO ALL CHINA'S TRADING PARTNERS WITH MFN STATUS. THE ONLY EXCEPTION RELATES TO THE REMOVAL OF RESTRICTIONS ON IMPORTS OF MOTOR VEHICLE PARTS FOR ASSEMBLY IN JOINT VENTURE FACTORIES IN CHINA, WHICH WILL APPLY TO U.S-PRODUCED ITEMS ONLY. THIS RESULTS FROM CHINA'S REFUSAL TO LIBERALISE AUTOMOBILE IMPORTS GENERALLY.
7. IN THE INDUSTRIAL SECTOR, PRODUCTS COVERED BY THE AGREEMENT OF MAJOR INTEREST TO U.S EXPORTERS INCLUDE CHEMICALS, COMPUTERS, INTEGRATED CIRCUITS, MEDICAL EQUIPMENT, MACHINERY PRODUCTS, TELECOMMUNICATIONS EQUIPMENT, INSTANT FILM AND CAMERAS AND STEEL PRODUCTS. IN AGRICULTURE, THERE WILL BE A WORKING GROUP TO DISCUSS STANDARDS FOR AGRICULTURAL PRODUCTS. CHINA HAS PLEDGED TO ELIMINATE SCIENTIFICALLY UNJUSTIFIABLE RESTRICTIONS ON A LIST OF AGRICULTURAL PRODUCTS WITHIN 12 MONTHS.
8.
THE CHINESE HAVE ALSO AGREED TO END THEIR IMPORT SUBSTITUTION MEASURES (UNDER WHICH IMPORTS ARE ALLOWED ONLY IF THERE IS NO DOMESTIC PRODUCTION) AND WILL NO LONGER MAKE IMPORTS CONDITIONAL ON TECHNOLOGY TRANSFER OR LOCAL INVESTMENT COMMITTMENTS. COMMERCIAL INFORMATION ON MARKETING OPPORTUNITIES NOT PREVIOUSLY AVAILABLE TO EXPORTERS WILL ALSO BE RELEASED. ALL TRADE REGULATIONS WILL BE PUBLISHED AND AVAILABLE IN A CENTRAL REPOSITORY. IMPORT APPROVAL PROCEDURES WILL BE MADE TRANSPARENT WITH PROVISION FOR APPEALS.
9. USTR SAID THAT THE CHINESE HAD CLEARLY DECIDED LATE ON IN THE NEGOTIATIONS THAT THEY WOULD MEET THE US'S REQUIREMENTS. RETALIATION UNDER SECTION 301 HAD LOOKED INEVITABLE AS LATE AS 7 OCTOBER. BUT THE CHINESE HAD NO DOUBT DECIDED THAT THEY NEEDED THE US'S SUPPORT FOR THEIR APPLICATION TO JOIN GATT. THEIR MAIN REQUIREMENT HAD BEEN AN EXPLICIT COMMITMENT IN THE MOU THAT THE U.S WOULD QUOTE STAUNCHLY UNQUOTE SUPPORT THIS. THEY HAD ALSO PRESSED FOR U.S SUPPORT FOR LIBERALISATION OF EXPORT CONTROLS, PARTICULARLY FOR COMPUTERS IN COCOM, AND ON TELECOMMUNICATIONS EQUIPMENT.
RENWICK
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