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China-U.S. Trade Issues

Description: U.S.-China economic ties have expanded substantially over the past several years. China is now the third largest U.S. trading partner, its second largest source of imports, and its fourth largest export market. However, U.S.-China commercial ties have been strained by a number of issues, including a surging U.S. trade deficit with China, China's refusal to float its currency, and failure to fully comply with its World Trade Organization (WTO) commitments, especially its failure to provide protection for U.S. intellectual property rights (IPR). This report explores these issues in detail, especially concerning the lack of protection for U.S. IPR.
Date: July 2, 2003
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department

Caribbean Basin Interim Trade Program: CBI/NAFTA Parity

Description: The entry into force, on January 1, 1994, of the North American Free Trade Agreement (NAFTA) has eliminated the advantage that the beneficiaries of the Caribbean Basin Economic Recovery Act (CBERA) and related provisions of the Caribbean Basin Initiative (CBI) had enjoyed in trade with the United States relative to Mexico, and gave Mexico an increasingly significant competitive edge over the CBERA countries. The scheduled further implementation of the NAFTA would have resulted in a substantial advantage to Mexico over the CBERA countries and vitiate in part the purpose of the CBERA.
Date: June 27, 2003
Creator: Pregelj, Vladimir N.
Partner: UNT Libraries Government Documents Department

Exempting Food and Agriculture Products from U.S. Economic Sanctions: Status and Implementation

Description: Falling agricultural exports and declining commodity prices led farm groups and agribusiness firms to urge the 106th Congress to pass legislation exempting foods and agricultural commodities from U.S. economic sanctions against certain countries. In completing action on the FY2001 agriculture appropriations bill, Congress codified the lifting of unilateral sanctions on commercial sales of food, agricultural commodities, medicine, and medical products to Iran, Libya, North Korea, and Sudan, and extended this policy to apply to Cuba (Title IX of H.R. 5426, as enacted by P.L. 106-387; Trade Sanctions Reform and Export Enhancement Act of 2000). Related provisions place financing and licensing conditions on sales to these countries. Those that apply to Cuba, though, are permanent and more restrictive than for the other countries. Other provisions give Congress the authority in the future to veto a President's proposal to impose a sanction on the sale of agricultural or medical products.
Date: June 27, 2003
Creator: Jurenas, Remy
Partner: UNT Libraries Government Documents Department

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

Description: At the second Summit of the Americas in Santiago, Chile (April 1998), 34 Western Hemisphere nations agreed to initiate formal negotiations to create a Free Trade Area of the Americas (FTAA) by 2005. The process so far has led to two draft texts, with a third draft expected to be completed for the eighth trade ministerial scheduled for November 17-21, 2003 in Miami. Currently there are serious differences between Brazil and the United States, the co-chairs of the trade negotiating committee, which will need to be resolved by then. Although implementing legislation is not anticipated until the next Congress, for an FTAA to be signed in January 2005, the 108th Congress will play a crucial role during this last phase of the negotiations given its expanded consultative and oversight authority as defined in the Trade Promotion Authority (TPA) provisions of the Trade Act of 2002 (P.L. 107-210). This report will be updated periodically.
Date: June 25, 2003
Creator: Hornbeck, J. F.
Partner: UNT Libraries Government Documents Department

Lumber Imports from Canada: Issues and Events

Description: This report provides a concise historical account of the dispute, summarizes the subsidy and injury evidence, and discusses the current issues and events regarding lumber imports from Canada.
Date: June 24, 2003
Creator: Gorte, Ross W. & Grimmett, Jeanne J.
Partner: UNT Libraries Government Documents Department

Agricultural Export and Food Aid Programs

Description: This report discusses projected agricultural imports and exports for FY2003, as well as legislation that deals with federal programs in support of agricultural exports and federal aid dedicated to farms and agricultural reform.
Date: June 11, 2003
Creator: Hanrahan, Charles E.
Partner: UNT Libraries Government Documents Department

U.S. - European Union Disputes in the World Trade Organization

Description: This report discusses disputes in the World Trade Organization (WTO) between the United States and the European Union (EU). The report begins with an overview of the issues to be addressed, and continues with a brief description of the WTO dispute settlement process, a summary of U.S.-EU dispute settlement history, and a review of issues arising from cases of longstanding non-compliance. The report concludes with a discussion of continuing concerns and policy considerations.
Date: May 27, 2003
Creator: Ahearn, Raymond J. & Grimmett, Jeanne J.
Partner: UNT Libraries Government Documents Department