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| U.S.: New market access key to restarting Doha talks |
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| www.chinaview.cn
2006-11-15 17:11:17
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The on-going APEC ministerial meeting, which prepares for the subsequent
APEC economic leaders meeting, are giving top priority to the issue of
restarting the Doha Round, she confirmed.
Schwab said that despite the difficulties on resuming the Doha Round, the U.S.
is still looking forward to expanding its trade ties with the APEC economies
as two-thirds of the U.S. goods and services take place in the region, with
1.6 trillion US dollars of annual trade.
On the voting by the U.S House of Representative against granting
"permanent normal trade relations" (PNTR) status to Vietnam, she said that the
Bush administration was disappointed but was confident the bill will pass when
the Congress resumed meeting early December.
APEC has 21 member economies, including China, the
United States, Russia, Japan, Vietnam, Singapore and Australia, which account
for more than a third of the world's population, over 50 percent of world's GDP
and in excess of 40 percent of world trade.
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