The Congress finds as follows:
(1) The opening of world markets through the elimination of tariff and nontariff barriers has contributed to a 56-percent increase in exports of United States goods and services since 1992.(2) Such export expansion, along with an increase in trade generally, has helped fuel the longest economic expansion in United States history.(3) The United States Government must continue to be vigilant in monitoring and enforcing the compliance by our trading partners with trade agreements in order for United States businesses, workers, and farmers to continue to benefit from the opportunities created by market-opening trade agreements.(4) The People's Republic of China, as part of its accession to the World Trade Organization, has committed to eliminating significant trade barriers in the agricultural, services, and manufacturing sectors that, if realized, would provide considerable opportunities for United States farmers, businesses, and workers.(5) For these opportunities to be fully realized, the United States Government must effectively monitor and enforce its rights under the agreements on the accession of the People's Republic of China to the WTO. Pub. L. 106-286, div. B, title IV, §411, Oct. 10, 2000, 114 Stat. 901. - World Trade Organization
- The terms "WTO" and "World Trade Organization" mean the organization established pursuant to the WTO Agreement.
- WTO
- The terms "WTO" and "World Trade Organization" mean the organization established pursuant to the WTO Agreement.