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China's Trade with the United States and the World

Description: This report provides a quantitative framework for policy considerations dealing with U.S. trade with China. It provides basic data and analysis of China’s international trade with the United States and other countries. Since Chinese data differ considerably from those of its trading partners (because of how entrepot trade through Hong Kong is counted), data from both PRC sources and those of its trading partners are presented. Charts showing import trends by sector for the United States highlight China’s growing market shares in many industries and also show import shares for Japan, Canada, Mexico, the European Union, and the Association for Southeast Asian Nations (ASEAN ).
Date: April 29, 2005
Creator: Lum, Thomas & Nanto, Dick K.
Item Type: Report
Partner: UNT Libraries Government Documents Department

U.S.-Latin American Trade: Recent Trends

Description: Since congressional passage of Trade Promotion Authority (TPA) in August 2002 (P.L. 107-210), the U.S.-Chile free trade agreement (FTA) has been implemented and negotiations were concluded on the Dominican Republic-Central America-United States Free Trade Agreement (DR-CAFTA). Implementing legislation may be introduced in the first session of the 109th Congress. Other important U.S.-Latin America trade initiatives include FTA negotiations with three Andean countries and Panama, and the ongoing but slowed talks on the Free Trade Area of the Americas (FTAA). Congress defined trade negotiation objectives in TPA and trade agreements are enacted only after Congress passes implementing legislation. This report supports the congressional role in trade policy by providing an analytical overview of U.S.-Latin American trade data and trends.
Date: March 8, 2005
Creator: Hornbeck, J. F.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Agriculture in the WTO: Policy Commitments Made Under the Agreement on Agriculture

Description: This report provides a review of the major agricultural policy commitments made by members of the World Trade Organization (WTO) during the Uruguay Round of multilateral trade negotiations completed in 1994, and the legal text that underlies those commitments. Most agricultural support commitments are embodied in the Agreement on Agriculture and it is the essential focus of this review. However, references are made to additional supporting legal texts that emerged as part of the Uruguay Round Agreement, as well as to related studies and references produced by the WTO, its member countries, and international organizations interested in trade and development.
Date: May 12, 2005
Creator: Schnepf, Randy
Item Type: Report
Partner: UNT Libraries Government Documents Department

A Free Trade Area of the Americas: Major Policy Issues and Status of Negotiations

Description: In 1994, 34 Western Hemisphere nations met at the first Summit of the Americas, envisioning a plan for completing a Free Trade Area of the Americas (FTAA) by January 1, 2005. Nine years later, the third draft text of the agreement was presented at the November 2003 Miami trade ministerial. The Ministerial Declaration, negotiated largely by the two co-chairs, Brazil and the United States, took the FTAA in a new direction, away from the comprehensive, single undertaking principle, toward a two-tier framework comprising a set of “common rights and obligations” for all countries, augmented by voluntary plurilateral arrangements with country benefits related to commitments. A follow-up meeting in early 2004 in Puebla, Mexico was unable to clarify this concept, highlighting the deep differences that remained between the United States and Brazil. FTAA talks subsequently stalled and the original January 1, 2005 deadline was missed. In the meantime, both Brazil and the United States are pursuing subregional trade pacts that may further complicate the negotiation process. Talks between Brazil and the United States may resume in early 2005, but it is still unclear if significant progress can be made on the FTAA this year.
Date: April 13, 2005
Creator: Hornbeck, J. F.
Item Type: Report
Partner: UNT Libraries Government Documents Department

A Free Trade Area of the Americas: Major Policy Issues and Status of Negotiations

Description: In 1994, 34 Western Hemisphere nations met at the first Summit of the Americas, envisioning a plan for completing a Free Trade Area of the Americas (FTAA) by January 1, 2005. Nine years later, the third draft text of the agreement was presented at the November 2003 Miami trade ministerial. The Ministerial Declaration, negotiated largely by the two co-chairs, Brazil and the United States, took the FTAA in a new direction, away from the comprehensive, single undertaking principle, toward a two-tier framework comprising a set of “common rights and obligations” for all countries, augmented by voluntary plurilateral arrangements with country benefits related to commitments. A follow-up meeting in early 2004 in Puebla, Mexico was unable to clarify this concept, highlighting the deep differences that remained between the United States and Brazil. FTAA talks subsequently stalled and the original January 1, 2005 deadline was missed. In the meantime, both Brazil and the United States are pursuing subregional trade pacts that may further complicate the negotiation process. Talks between Brazil and the United States may resume in early 2005, but it is still unclear if significant progress can be made on the FTAA this year.
Date: January 3, 2005
Creator: Hornbeck, J. F.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Agriculture in the WTO Doha Round: The Framework Agreement and Next Steps

Description: Member countries of the World Trade Organization (WTO) reached agreement on July 31, 2004 on a framework for negotiating agricultural trade liberalization in the multilateral trade round known as the Doha Development Agenda (DDA). The framework, part of a work program for all negotiating issues in the DDA (nonagricultural market access, services, trade facilitation, etc.), sets the stage for negotiations, now underway, to determine specific targets or formulas (“modalities”) for curbing trade-distorting domestic support, reducing trade barriers and eliminating export subsidies. If agreed to, the agriculture modalities report would be on the agenda of the WTO’s Sixth Ministerial Conference in December 2005, and negotiations could be completed during 2006. In the meantime, the President has requested a two-year extension of trade promotion authority procedures (TPA, also known as fast-track) for considering legislation to implement trade agreements.
Date: May 3, 2005
Creator: Hanrahan, Charles E.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Trade Negotiations During the 109th Congress

Description: This report discusses trade issues in the 109th Congress. For over 50 years, U.S. trade officials have negotiated multilateral trade agreements to achieve lower trade barriers and rules to cover international trade. During the 108th Congress, U.S. officials negotiated and Congress approved four bilateral free-trade agreements with Australia, Chile, Morocco, and Singapore.
Date: August 3, 2005
Creator: Fergusson, Ian F. & Sek, Lenore M.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Agriculture in the WTO: Member Spending on Domestic Support

Description: Under the World Trade Organization’s (WTO’s) Agreement on Agriculture (AA), member countries agreed to general rules regarding disciplines on domestic and export subsidies, and concessions on market access. This report focuses solely on the commitments made by WTO member countries concerning government outlays in support of domestic agricultural production. The three sections of the report provide a brief overview of WTO domestic policy commitments; background information on WTO member requirements for reporting on domestic subsidy outlays; WTO member outlays made to support agricultural production; and U.S. agricultural support outlays compared against spending limits. In addition, the report briefly discusses the implications for U.S. agricultural policy of continued adherence to existing WTO commitments.
Date: June 17, 2005
Creator: Schnepf, Randy
Item Type: Report
Partner: UNT Libraries Government Documents Department

China’s Trade with the United States and the World

Description: This report provides a quantitative framework for policy considerations dealing with U.S. trade with China. It provides basic data and analysis of China’s international trade with the United States and other countries. Since Chinese data differ considerably from those of its trading partners (because of how entrepot trade through Hong Kong is counted), data from both PRC sources and those of its trading partners are presented. Charts showing import trends by sector for the United States highlight China’s growing market shares in many industries and also show import shares for Japan, Canada, Mexico, the European Union, and the Association for Southeast Asian Nations (ASEAN ).
Date: September 13, 2005
Creator: Lum, Thomas & Nanto, Dick K.
Item Type: Report
Partner: UNT Libraries Government Documents Department

WTO Doha Round: Agricultural Negotiating Proposals

Description: The pace of negotiations in the Doha Round of multilateral trade negotiations has quickened as the mid-December Hong Kong Ministerial Conference of the World Trade Organization (WTO) approaches. At Hong Kong, WTO member countries are expected to reach agreements on specific measures (known as modalities) to expand global trade in agricultural and industrial products and services and set the stage for intensive negotiations that would take place during 2006. Despite intense negotiations, agreements on modalities, especially for agriculture, have eluded negotiators. This report provides background information on the WTO, the Doha Round, the key negotiating groups, and a schedule of historical and upcoming events relevant to the agricultural negotiations; reviews the agreements reached in the July 2004 framework and identifies issues that remain to be resolved by the Hong Kong Ministerial in December; discusses and compares the major agricultural negotiating proposals; and discusses the potential effects of an agricultural agreement on U.S. farm policy.
Date: November 9, 2005
Creator: Hanrahan, Charles E. & Schnepf, Randy
Item Type: Report
Partner: UNT Libraries Government Documents Department

Is the U.S. Current Account Deficit Sustainable?

Description: This report reviews studies on the current account (CA) deficit’s sustainability. The studies suggest that a dollar depreciation of 10% to 56% could eventually be required to restore sustainability.
Date: December 13, 2005
Creator: Labonte, Marc
Item Type: Report
Partner: UNT Libraries Government Documents Department

Caribbean Basin Interim Trade Program: CBI/NAFTA Parity

Description: To provide an idea of the nature and scope of changes in trade competitiveness between the CBERA countries and Mexico that have resulted from the implementation of the NAFTA, this report describes the relevant preferential or special tariff treatments, as applicable. The aspects of trade policy that apply generally to all (or most) U.S. trading partners (e.g., most-favored-nation/normal-trade-relations status, or production-sharing provisions) are not included in any detail.
Date: January 12, 2005
Creator: Pregelj, Vladimir N.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Agricultural Export and Food Aid Programs

Description: This report discusses projected agricultural imports and exports for FY2005, as well as legislation that deals with federal programs in support of agricultural exports and federal aid dedicated to farms and agricultural reform.
Date: May 12, 2005
Creator: Hanrahan, Charles E.
Item Type: Report
Partner: UNT Libraries Government Documents Department