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World trade experts hail China's procurement offer19 Jul 2010Source: eastday.com
The Ministry of Commerce declined to elaborate on the new proposal and said it was still under negotiation. "Joining the GPA was only a question of time for China, and the current moves are appreciated as it shows the urgency on the GPA issue and the commitment to implement WTO pledges," said Zhou Shijian, executive director of the China Society for WTO Studies. But "what concerns me most is whether and when the other GPA members like the US strictly follow the commitments made under the agreement," Zhou said. The US said it is analyzing the revised proposal to ensure that the terms of accession are comprehensive and comparable. The US had in the past said China was discriminating against foreign firms and blocking exports from America. It also wanted China to follow through on its commitments. But the US also invoked criticism when it decided to launch a "Buy American" plan last year to protect local manufacturers. Experts want the US to honor its WTO commitments while implementing the plan. "The US should set a good example as a GPA member before it seeks high requirements from other nations like China," Zhou said. So far, 41 out of the WTO's 153 members have joined the GPA. |