China Calls for Quickened New Round Trade Negotiations

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Last updated at: (Beijing Time) Friday, July 19, 2002

China Calls for Quickened New Round Trade Negotiations

Chinese Vice Minister of Foreign Trade and Economic Cooperation Long Yongtu Thursday explained China's views on retarded trade negotiations arranged in the Doha Declaration.

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Chinese Vice Minister of Foreign Trade and Economic Cooperation Long Yongtu Thursday explained China's views on retarded trade negotiations arranged in the Doha Declaration.

Addressing the ongoing session of the trade negotiations committee at the World Trade Organization (WTO) headquarters, Long said the slow overall progress of negotiations since the launching of Doha Development agenda eight months ago had posed tough challenge for concluding negotiations by January 1, 2005 and achieving the goals set by the Doha Declaration.

The 144-member WTO agreed last November to launch a new round of negotiations aimed at removing obstacles to international trade in goods and services.

He stressed that concrete and effective measures by WTO members to solve, by the end of this year, the issue of implementing Uruguay pact constituted the key and precondition to making a breakthrough in the current multilateral trade negotiations.

"The market access of agricultural products, textiles liberalization, market access to the developed countries and revision of relevant rules, are logically of great concern to developing members, and should be addressed as priorities," said the Chinese minister.

Long urged that the special and differential treatments, which are important elements in the WTO agreement, should not be merely a slogan, but rather integral parts of various agreements and concrete actions of those developed members.

He reiterated that with the overall development and deepening of the negotiations, it is necessary to further strengthen the capacity building of these members so as to ensure their effective participation in the negotiations to achieve their equitable rights.

Long said China, as a developing country and a new member, is willing to continue working with various parties and playing a constructive role in negotiations ahead, in a bid to promote the new round negotiations and seek a balance of interests among various parties in the multilateral trading system.

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