ad info




CNN.com
 MAIN PAGE
 WORLD
* U.S.
 LOCAL
 POLITICS
 WEATHER
 BUSINESS
 SPORTS
 TECHNOLOGY
 SPACE
 HEALTH
 ENTERTAINMENT
 BOOKS
 TRAVEL
 FOOD
 ARTS & STYLE
 NATURE
 IN-DEPTH
 ANALYSIS
 myCNN

 Headline News brief
 news quiz
 daily almanac

  MULTIMEDIA:
 video
 video archive
 audio
 multimedia showcase
 more services

  E-MAIL:
Subscribe to one of our news e-mail lists.
Enter your address:
Or:
Get a free e-mail account

 DISCUSSION:
 message boards
 chat
 feedback

  CNN WEB SITES:
CNN Websites
 AsiaNow
 En Español
 Em Português
 Svenska
 Norge
 Danmark
 Italian

 FASTER ACCESS:
 europe
 japan

 TIME INC. SITES:
 CNN NETWORKS:
Networks image
 more networks
 transcripts

 SITE INFO:
 help
 contents
 search
 ad info
 jobs

 WEB SERVICES:

US

Clinton hails trade pact with China

November 15, 1999
Web posted at: 4:46 a.m. EST (0946 GMT)

ANKARA, Turkey (CNN) -- President Clinton said Monday he will mount an "all-out effort" to persuade Congress to act on Monday's trade agreement with Beijing, which helps clear the way for China to join the World Trade Organization.

Clinton, on a visit to Turkey on Monday, called the trade pact an "excellent agreement." He thanked his negotiating team, and saluted Chinese President Jiang Zemin and Premier Zhu Rongji for their commitment to push the negotiations, which lasted four days longer than planned.

"This is a very good day for American diplomacy," Clinton said.

The president received an optimistic update on the WTO talks following a Sunday meeting his negotiators had with Zhu, China's point man on economic reform.

That session, one U.S. official said, spurred a round of detailed talks on the remaining obstacles, including the scope of international investment allowed in China's telecommunications and financial services industries. U.S. officials, meanwhile, pressed their concerns about Chinese textile imports into the United States.

"In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market, while bringing increased prosperity to the people of China," Clinton said.

Clinton walked away from a tentative agreement with the Chinese in April, and his negotiators have been in China for nearly a week trying to salvage a deal in time for a WTO meeting in Seattle in two weeks.

Trade is an extraordinarily sensitive and complicated political issue for Mr. Clinton at home.

Some labor and environmental organizations affiliated with his Democratic Party are skeptical that China will improve human rights and environmental practices. At the same time, many Republicans question the wisdom of striking a deal with China amid concerns over nuclear espionage and other issues.



RELATED STORIES:
U.S., China sign market-opening agreement
November 15, 1999
U.S., China open eleventh-hour trade talks
November 3, 1999
Schroeder calls for China to join G8, WTO
October 31, 1999

RELATED SITES:
World Trade Organization (WTO)
Ministry of Foreign Affairs of P.R.China
Government Information Office, ROC
Note: Pages will open in a new browser window
External sites are not endorsed by CNN Interactive.

 LATEST HEADLINES:
SEARCH CNN.com
Enter keyword(s)   go    help

Back to the top   © 2001 Cable News Network. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines.