Sino-US talks end without deal
14/10/2005 17:29
The sixth round of Sino-US textile talks ended in Beijing yesterday, with
both sides failing to reach an agreement, the Ministry of Commerce said. The
closed-door consultation lasted one and a half days, ending half-day ahead of
schedule. Chief US negotiator David Spooner issued a brief statement, saying,
"We have not come to an agreement that meets the needs of our domestic
manufacturers and retailers," but giving no indication on whether the two sides
made any progress or the reason they failed to reach a deal. Spooner, special
negotiator for textiles at the US Trade Representative's Office, has been
leading the US side for the talks while the Chinese side was led by Lu Jianhua,
director of foreign trade department in the ministry. "What is lacking at
present is a powerful force from outside to break the stalemate," said Zhao
Yumin, a researcher with Institute of International Trade and Economic
Cooperation under the ministry. US and the European Union have re-set limits
on textile products imported from China, saying that the surge of textile
products from China disrupted their markets. China and the EU signed a
memorandum on Chinese textiles in June and reached an agreement in
September. However, China and the US have failed to reach any agreement even
as the latter has imposed limits on the quotas of nine categories of Chinese
textile products. "The problem is the Sino-US textile issue is mixed with
many other factors," said Zhao, alluding to the "China threat" theory as a good
example. (Xinhua)
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