As you know it's a consensus-based organization, there are no institutional sanctions. It has some pillar principles. These are the free flow of goods and services, nondiscrimination, national treatment, transparency and unpredictability, dispute settlement process, safeguards and the process of continual liberalization Now Chinas entry into the WTo has been a two-track process. There have been individual country negotiations or bilaterals as we call them. Two important bilaterals which were finalized late last year was with the United States and shortly thereafter Canada, and recently more recently this year, with Europe Then on anther track of multilateral discussions, these are the working party in Geneva, which is a process of drafting the membership treaty. And then there is the WTO membership vote, which we certainly hope and expect will happen before then end of this year 2000 and then the most difficult part we think and that will be the implementation process, which will take three to five years What's in it for China? Well obviously it is preventable to foreign market, it lowers the risk of unilateral trade sanctions and locks in and accelerates market reforms it strengthens intellectual property protection, and it reduce internal discord. Very important for China is the fact that reassures investors. I know that many Canadian investors potential investors are waiting for WTO deal until they make a decision on investing in this economy Of course there were the political dimensions. China is a global player politically in the world And it doesnt make any sense that it is not a global player in the world economy. And that is the essence of a membership into the WTO I'd like to go into some of the details are of our discussions, Canada's discussions with China late last year. Obviously, there are a number of benefits for upon Chinas accession to the WTO. There will be reduction of many tariffs, the full implementation, as the said over three to five year period and there are a number of sectors which come out ahead for Canadians e. Comments and feed backs f Comments and feed backs 利用互联网查阅有关WTO的信息As you know it’s a consensus-based organization, there are no institutional sanctions. It has some pillar principles. These are the free flow of goods and services, nondiscrimination, national treatment, transparency and unpredictability, dispute settlement process, safeguards and the process of continual liberalization. Now China’s entry into the WTO has been a two-track process. There have been individual country negotiations or bilaterals as we call them. Two important bilaterals which were finalized late last year was with the United States and shortly thereafter Canada, and recently more recently this year, with Europe. Then on anther track of multilateral discussions, these are the working party in Geneva, which is a process of drafting the membership treaty. And then there is the WTO membership vote, which we certainly hope and expect will happen before then end of this year 2000 and then the most difficult part we think and that will be the implementation process, which will take three to five years. What’s in it for China? Well obviously it is preventable access to foreign market, it lowers the risk of unilateral trade sanctions and locks in and accelerates market reforms, it strengthens intellectual property protection, and it reduce internal discord. Very important for China is the fact that it reassures investors. I know that many Canadian investors potential investors are waiting for a WTO deal until they make a decision on investing in this economy. Of course there were the political dimensions. China is a global player politically in the world. And it doesn’t make any sense that it is not a global player in the world economy. And that is the essence of a membership into the WTO. I’d like to go into some of the details are of our discussions, Canada’s discussions with China late last year. Obviously, there are a number of benefits for upon China’s accession to the WTO. There will be reduction of many tariffs, the full implementation, as the said over three to five year period, and there are a number of sectors which come out ahead for Canadians. e. Comments and feedbacks f. Comments and feedbacks 利用互联网查阅有关 WTO 的信息