Help | Sitemap | Archive | Advanced Search   
  CHINA
  BUSINESS
  OPINION
  WORLD
  SCI-EDU
  SPORTS
  LIFE
  WAP SERVICE
  FEATURES
  PHOTO GALLERY

Message Board
Feedback
Voice of Readers
 China At a Glance
 Constitution of the PRC
 CPC and State Organs
 Chinese President Jiang Zemin
 White Papers of Chinese Government
 Selected Works of Deng Xiaoping
 English Websites in China
Help
About Us
SiteMap
Employment

U.S. Mirror
Japan Mirror
Tech-Net Mirror
Edu-Net Mirror
 
Tuesday, August 14, 2001, updated at 10:45(GMT+8)
World  

Mexico Wants to Extend Duties on Chinese Imports as Part of WTO Pact

Mexico wants to extend duties on Chinese footwear and textile imports for eight years as part of a bilateral trade pact with Beijing, Mexico's economy minister said on Monday.

Luis Ernesto Derbez said the duties, the major sticking point between Mexico and China, seek to protect two key sectors.

Mexico is the only World Trade Organization member that has not reached a bilateral pact with Beijing. That could hold up China's 15-year fight to join the body that sets global rules on international trade.

Although Mexico originally said it would not block China's membership even if the bilateral deal were not completed, it seems likely that other WTO members will want to know the details of the deal with Mexico before final approval of Beijing's WTO entry.

Under the WTO system, a deal reached with one nation has to be offered to all 141 members.

During a meeting with foreign correspondents, Derbez said trade relations with China have been ``tense, but cordial.''

He said the eight-year period is needed to implement government-sponsored programs that would strengthen the two sectors and make them more competitive against Chinese products. Beijing has proposed a three-year period, he said.

The Mexican government will hold two meetings with Chinese counterparts in the next couple of months. ``We are getting closer to an agreement,'' Derbez said.

Mexico is also requesting market access into China for more than 260 products. Derbez said language and cultural difference have held up talks.

``It's very complicated for us to enter this market,'' he said.







In This Section
 

Mexico wants to extend duties on Chinese footwear and textile imports for eight years as part of a bilateral trade pact with Beijing, Mexico's economy minister said on Monday.

Advanced Search


 


 


Copyright by People's Daily Online, all rights reserved