China makes headway on WTO application - Farmers Weekly

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China makes headway on WTO application

25 July 1997
China makes headway on WTO application

China has made some progress in its ten year quest to join the World Trade Organisation.

Although it has still declined to make a comprehensive offer to open its markets to industrial and farm goods, it is making a revised offer which is being considered. It has previously said it would reduce import tariffs from 23% to 15%. Chinas trading partners are pushing for further reductions in tariff and non-tariff obstacles to industrial and farm trade as the price for Chinese WTO entry next year.

China was expected to have made an offer by the August 1 meeting of the WTO.

  • Financial Times 25/07/97 page 4

    • Read more on:
    • News

    China makes headway on WTO application

    25 July 1997
    China makes headway on WTO application

    China has made some progress in its ten year quest to join the World Trade Organisation.

    Although it has still declined to make a comprehensive offer to open its markets to industrial and farm goods, it is making a revised offer which is being considered. It has previously said it would reduce import tariffs from 23% to 15%. Chinas trading partners are pushing for further reductions in tariff and non-tariff obstacles to industrial and farm trade as the price for Chinese WTO entry next year.

    China was expected to have made an offer by the August 1 meeting of the WTO.

  • Financial Times 25/07/97 page 4

    • Read more on:
    • News
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