ELIMINATION OF QUOTAS AND LICENSES
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Dec 8
WTO rules bar quotas and other quantitative restrictions. China has agreed to eliminate these restrictions with phase-ins limited to five years. Quotas: China will eliminate existing quotas upon accession for the top U.S. priorities (e.g. optic fiber cable). It will phase out remaining quotas, generally by 2002, but no later than 2005. Quotas will grow from current trade levels at a 15% annual rate in order to ensure that market access increases progressively. Auto quotas will be phased out b...

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Elimination of export subsidies on agricultural products.

Elimination of export subsidies on agricultural products.

ELIMINATION OF QUOTAS AND LICENSES

ELIMINATION OF QUOTAS AND LICENSES

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