China and the United States have agreed to work together for
an early start of multilateral talks in Geneva to complete the drafting of all legal
documents regarding China's accession to the World Trade Organization (WTO).
The agreement was reached in Washington DC on Friday at a meeting by Long
Yongtu, Chief Negotiator of the Chinese Ministry of Foreign Trade and Economic Cooperation
(MOFTEC) and Robert Zoellick, the newly-appointed US Trade Representative.
During the meeting, which was described by Chinese sources as " positive
and constructive," the two senior trade officials discussed a wide range of issues
concerning China's entry into the WTO.
Zoellick expressed America's willingness to accelerate the process of
negotiations on China's accession to the world trading bloc at an early date, and the
Chinese side appreciated such an approach by the US government, the sources said.
Both sides held that Beijing's early entry into the WTO not only serves the
interest of China and the United States, but also helps strengthen the trading institution
and the global regime of multilateral trade negotiations.
The two sides agreed that multilateral talks should be kicked off as soon as
possible in Geneva to finalize all legal papers for China's accession.
Just for this purpose, China and the United States will propose to the WTO that
the China Working Group convene its 16th session. The date of the meeting will be
announced soon by the world trading bloc in Geneva, the sources said.