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USIS Washington File

05 June 2000

Text: Barshefsky Calls For Early Senate Vote on PNTR

(Debate could start June 12, with vote at week's end) (1730)
Clinton Administration officials are urging the Senate to consider
legislation granting Permanent Normal Trade Relations (PNTR) as soon
as the week of June 12, with a vote possible by the end of that week,
says U.S. Trade Representative Charlene Barshefsky.
Addressing the U.S.-China Business Council in Washington, DC, June 1,
Barshefsky warned, "The more we delay, the more we place the
achievements to date at risk.
"Our hope is that the Senate will act quickly, beginning the debate in
earnest by the week of June 12th, and, if possible, bringing the bill
to a vote by the end of that week," Barshefsky said.
According to Barshefsky, indications are positive for PNTR;
nonetheless, the Clinton Administration would not be letting up in its
effort to secure Senate passage of the bill that would end the annual
review of China's trade status with the United States.
"We have a good sign in the Finance Committee's 19-1 vote for PNTR two
weeks ago, and indications of broad support in the Senate as a whole,"
Barshefsky told the Council, which supports increased trade and
investment with China.
However, she added, "we are taking nothing for granted. We will be
meeting and speaking with the leadership and individual Senators over
the coming days on PNTR and on the importance of the Levin-Bereuter
Commission proposal."
That proposal was part of the legislation adopted by the House of
Representatives when it passed PNTR for China May 24 in a 237 to 197
vote. Representatives Sander Levin (Democrat of Michigan) and Douglas
Bereuter (Republican of Nebraska) crafted legislation that would,
among other things, set up a commission that would monitor human
rights conditions in China and report its findings to Congress.
Currently the Senate has before it S 2277, the one-page bill voted out
by the Senate Finance Committee, and H.R. 4444, the 65-page bill
passed by the House of Representatives.
Barshefsky praised the council for its work on China's accession to
the World Trade Organization (WTO) and PNTR. "You have been part of a
project of great historic importance," she said.
Following is the text:
(begin text)
Remarks at US-China Business Council Dinner
Ambassador Charlene Barshefsky
U.S. Trade Representative
U.S.-China Business Council
Washington, DC
June 1, 2000
Thank you very much, Michael, and let me express my deep gratitude to
the Council for this recognition. I would like to recognize Ambassador
Li and Ambassador Prueher; and let me also recognize and applaud the
hard work that Bob Kapp, the Council staff and so many of you here
tonight have devoted to the WTO negotiations with China and to the
debate of the past weeks on permanent Normal Trade Relations.
In accepting this award, I am grateful not only for myself. In
honoring me, you also recognize the hard work and exceptional
performance of an outstanding group of public servants from the office
of the USTR - our China negotiating team, our Congressional and public
affairs offices. Their dedication and perseverance enabled us first to
conclude our historic agreement on China's WTO accession, and then
make the case for it over the past six months to Congress and the
American public.
You have a busy program this evening, and I won't take much time. But
let me make a few points about the significance of the work we have
done thus far, and then offer some thoughts on what lies ahead.
SIGNIFICANCE OF THE TRADING SYSTEM
As China enters the World Trade Organization, it is joining a system
now more than half a century old. Its purpose, as Franklin Roosevelt
said in calling for the negotiations which led to foundation of the
GATT system in 1948, was two-fold:
-- To create shared opportunities for job creation and growth, based
upon clear economic benefits of open markets at home and abroad; and
still more important,
-- To give nations a greater stake in one another's stability and
prosperity, as Roosevelt put it, to "lay the economic basis for the
secure and peaceful world we all desire."
This is the vision at the heart of today's WTO; and this is its record
in practice. Through ten Administrations, Americans have built a world
economy is more open, more free, and more respectful of the rule of
law. Through eight negotiating Rounds, and as 113 economies joined the
23 GATT founders, we have seen trade expand fifteen-fold; the world
economy grow six-fold; and per capita income nearly triple. The result
has been an unprecedented era of social progress: since the 1950s,
world life expectancy has grown by twenty years; infant mortality
dropped by two-thirds; and famine receded from all but the most
remote, war-torn or misgoverned corners of the world.
This work, though largely slow and incremental, has also been
punctuated by a few events of singular importance: the original GATT
Agreement, with its rejection of the closed Depression-era trade
policies; the reintegration of Germany and Japan after the Second
World War; the opportunity for nations emerging from colonial rule to
find their place in the world in the 1960s and 1970s; the broadening
and modernization of the trading system through the creation of the
WTO in 1995.
CHINA'S WTO ACCESSION AND PNTR
As we open this new century, we are about to see the return of China
-- a founding member of the GATT, and then for decades a challenger to
the vision it represented. This is an event as significant as any of
the great landmarks in the history of the trading system.
-- For China, it is a defining moment in the nation's modern history.
Taken line by line, WTO accession, under the terms of our bilateral
agreement, will spark the liberalization and reform of hundreds of
different industries; the advance of the rule of law throughout the
Chinese economy; new job opportunities and a higher standard of living
for the Chinese. Taken as a whole, it marks the most important step
toward reform in twenty years; and an opening to the world
unprecedented in modern times.
-- For China's Asian neighbors, it is of no lesser importance. In
economic terms, the opening of China's markets will mean new
opportunities for businesses and farmers throughout Southeast Asia,
Korea, Japan, Russia and Central Asia, enabling China to play its
natural role as a source of growth and prosperity for the region - a
development of great importance at any time, but especially welcome in
the aftermath of the financial crisis. Equally or more important,
China's growing integration into the Pacific and world economies will
be a contribution to the region's long-term political stability.
-- For the United States, China's WTO entry -- together with
Congressional approval of permanent Normal Trade Relations -- is of
course an economic opportunity. But these are also events whose
implications go well beyond tariffs and export statistics.
They, first of all, offer a hopeful signal on fundamental questions of
world peace and security. All of us this evening understand that
stable and mutually beneficial ties between the United States and
China can be among the Pacific's principal guarantees of peace and
prosperity; we are equally aware of the dangers that would arise from
tension and suspicion. In our WTO negotiations, and in the House's
action on PNTR last week, our relationship has shown maturity and
statesmanship on both sides of the Pacific: we have been able to
resolve issues on which we have often disagreed; and also to recognize
and act upon important areas of mutual interest and shared benefit.
None of us this evening can foresee the future, and many elements
beyond economics will play a part in the development of this
relationship in the coming years -- but the conclusion of our
agreement and the House's approval of PNTR are very good signs.
And as we think about trade policy more generally, the WTO accession
and PNTR are an equally clear and positive signal. The House's
bipartisan vote for PNTR comes shortly after the Congress's
overwhelming approval of the Africa and CBI legislation last month,
and the similar result we expect when Congress takes up the five-year
review of the World Trade Organization later in June. Together, these
are a very strong endorsement of America's continuing support for and
leadership in a policy of open markets and free trade. With this we
open the new century on a note of optimism and confidence in America's
leadership in building a more open, more free and more decent world
economy for the generations to come.
NEXT STEPS
We can, therefore, be very pleased with the point we have reached
today. But this does not mean that we have time to rest.
First, the Senate has yet to open its debate. We have a good sign in
the Finance Committee's 19-1 vote for PNTR two weeks ago, and
indications of broad support in the Senate as a whole; but we are
taking nothing for granted. We will be meeting and speaking with the
leadership and individual Senators over the coming days on PNTR and on
the importance of the Levin-Bereuter Commission proposal. Our hope is
that the Senate will act quickly, beginning the debate in earnest by
the week of June 12th, and if possible bringing the bill to a vote by
the end of that week. The more we delay, the more we place the
achievements to date at risk.
CONCLUSION
In conclusion, in your work on China's WTO accession and PNTR, you
have been part of a project of great historic importance.
As China enters the WTO, we are taking up the task Roosevelt began in
1945: the patient creation of the architecture of prosperity; and the
establishment of the economic foundation of a peaceful and secure
world for this new century.
Our success to this point is a sign which should offer great hope to
Americans, to Chinese, and to the world. You can be very proud of the
time and effort you have given over the past months; and I trust that
you will be with us at the successful of the work.
Once again, I thank you very much for this moment of recognition.
(end text)
(Distributed by the Office of International Information Programs, U.S.
Department of State. Web site: http://usinfo.state.gov)



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