
22 July 1998
TEXT: PRESIDENT WELCOMES HOUSE VOTE TO EXTEND CHINA MFN
(Vote shows active engagement with China is effective) (320) Washington -- President Clinton welcomed the vote in the House of Representatives July 22 to extend normal trade relations with China. "This vote reflects my conviction that active engagement with China -- expanding our cooperation while dealing forthrightly with our differences -- is the most effective way to advance our interests and values," the president said in a statement released July 22. The measure, which passed by a margin of 264-166, covered the renewal of most-favored-nation (MFN) trading status, which the administration now calls "normal trade relations" since it applies to a vast majority of U.S. trading partners. Following is the official text of the White House statement: (begin text) THE WHITE HOUSE Office of the Press Secretary Washington, D.C. July 22, 1998 STATEMENT BY THE PRESIDENT Normal Trade Relations with China I welcome the strong, bipartisan vote in the House today to extend normal trade relations with China. This vote reflects my conviction that active engagement with China -- expanding our cooperation while dealing forthrightly with our differences -- is the most effective way to advance our interests and values. Over the past year and during my recent trip to China, engagement has produced tangible results and steady progress on vital issues -- fostering political and economic stability in Asia; stopping the spread of weapons of mass destruction; combating international crime and drug trafficking; protecting the environment; promoting human rights and religious freedom. Trade is a vital part of engagement -- supporting jobs here at home, lowering product prices, and helping us to build ties to nearly one quarter of the world's people. Normal trade relations with China will help us strengthen those ties and continue our efforts to make China an increasingly open and productive partner for America. (end text)
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