Abstract
AFTER 15 YEARS OF NEGOtiations, China and Taiwan are set to become members of the World Trade Organization following a breakthrough meeting in Geneva last week. Discussions took a few days longer than originally expected to complete as negotiators' attention focused on events unfolding in New York City and Washington, D.C. But China, the U.S., and Europe were eventually able to overcome the last major snag—access to China's insurance market. next and final step for China and Taiwan is to gain formal admission into WTO at the organization's 4th Ministerial Conference that will take place in Doha, Qatar, in early November. This is just a formality, as both China and Taiwan have concluded bilateral agreements with all the current members of the group. Chinese chemical industry is braced for some dramatic changes. It will be a painful process, says David Jiang, a Beijing-based consultant with Chem Systems. The local industry will benefit from the WTO entry But in the short term, for chemicals or pe...
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
