they will get on top of what they got, what we got

Your Name kjtsyren@bitstream.net
Tue, 30 May 2000 16:55:52 -0500


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    Brussels, 22nd May 2000

    informed the General Affairs
    Council of EU Member States about the WTO accession agreement signed
    between the European Commission and China last Friday.

    it was a good result and congratulated the Member States for their
    solidarity during the sometimes difficult negotiations.

    Council of Ministers and European Parliamentary
    approval will follow after the completion of the multilateral process
    at the World Trade Organisation (WTO), expected during the course of
    this summer.

    On insurance, seven licences will become available for insurance
    companies within three months of the signature of the agreement,
    before China's accession to WTO.

    On mobile telephones, it was clear the Chinese would not budge for 
    "internal political reasons". However, the Chinese agreed to speed
    up market access

    On the US reaction to the deal, the overall result "can
    only be good news" for the Americans and the PNTR vote in US Congress
    this week because "they will get on top of what they got, what we
    got".
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