|
BEIJING, Oct. 12 (Xinhuanet) -- After the first day
of the sixth round of Sino-US textile talks, analysts agree that the outcome of
the negotiation remains "unpredictable."
The new round of talks, which started here Wednesday only 24 days after the fifth round ended, is highly likely to result
in an agreement, said Mei Xinyu, a research fellow with the Institute of International
Trade and Economic Cooperation under the Ministry of Commerce.
Mei listed three favorable factors: the two sides
have reached agreement on the toughest issues of products to be limited and the
base number at the last talks, the new round of talks follow the other closely,
and President Bush is scheduled to visit China in November.
However, he pointed out, politicization of trade
affairs by theUnited States also casts a shadow on prospects.
The two-day closed-door meeting is being held at the
main building of the Ministry of Commerce in Beijing.
David Spooner, special negotiator for textiles at the
US Trade Representative's Office, continued to be head of the US side, while the
Chinese side was still led by Lu Jianhua, director of foreign trade department
under the Ministry of Commerce.
Since global quotas were scrapped on January 1, the
United States has set limits on nine categories of textile products imported
from China, saying that the surge of textile products imported from China
disturbed the US market.
The US movement has cost China's textile sector
dearly. The export volume of Chinese textile products to the United States has
reduced at least 2 to 3 billion US dollars since January, according to an
estimate by Sun Weibin, spokesman of the China National Textile and Apparel
Council.
"Chinese textile producers long for a clear prospect
of Sino-US textile talks before the coming Chinese Export Commodities Fair," Sun
said. "Otherwise, their orders may be affected."
But the result should come after compromise from the
US side, he noted.
The bi-annual fair has been the bellwether in China's
foreign trade. Export volume during the fairs has accounted for one tenth of the
nation's total export volume.
"If the US side insists on its rigorous stand, the
negotiation may stalemate," Sun said. "The previous activities of the US side
make it hard to judge its stand."
On September 30, the United States declared to
further postponethe decision of whether to limit exports of four categories of
Chinese textile products to November 11, and China extended its welcome to the
act.
However, on October 5, the US Committee for the
Implementation of Textile Agreements declared to consider the application tabled
by some US textile industry communities on imposing limits on 13 categories of
imported Chinese textile products, including nine already limited categories and
four newly added ones.
Some analysts held that the US oscillation was merely
a negotiation strategy, and that both sides should take an active attitude in
the textile talks and strive to reach an agreement as early as possible. Enditem
|