US, Chinese Officials Praise Bilateral Progress at Beijing Summit
The U.S.-China Strategic and Economic Dialogue has yielded progress this week in Information Technology Agreement (ITA) expansion discussions and U.S.-China Bilateral Investment Treaty negotiations, said U.S. Trade Representative Michael Froman in a July 10 statement. Froman recently urged China to…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
make preliminary concessions in ITA negotiations in order to restart stalled negotiations prior to the Asia-Pacific Economic Cooperation (APEC) convention in November (see 14070801). The U.S. and China will intensify ITA discussions over the ensuing weeks, said Froman in the statement. The Chinese government also pledged to move forward with investment treaty negotiations on a “negative list” of sectors of the Chinese economy that the government is prohibiting U.S. investment in, said Froman. Chinese President Xi Jinping called on both sides to implement progress made in the summit in Beijing, while welcoming talks with President Barack Obama during the APEC convention (here).