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USA
To Do:
- Senate approval of H.R. 4444 Ð the House-passed China PNTR bill.
China
To Do:
- Cut tariffs from 24% to 9%
- Cut tariffs on U.S. priority goods
- Eliminate tariffs on high-tech by 2005.
- Cut agricultural tariffs in half.
- Expand market access for U.S. corn, cotton, wheat, rice, barley, soybeans and meats.
- Give trading rights to foreign firms.
- Eliminate state-owned middlemen.
- Open telecommunications, insurance, banking, securities, and audio visual markets.
- Expand the number of foreign movies shown.
- Open Internet to foreign investment.
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