USTR releases annual report on China’s WTO compliance
(NAFB) – China has failed to meet Phase One Agreement commitments to buy American goods and services, including agricultural products.
The Office of the U.S. Trade Representative revealed the data in a more than 70-page report on Wednesday.
The annual review states: “The reality is that this agreement has not meaningfully addressed the more fundamental concerns of the United States about China’s state-directed non-market policies and practices and their detrimental impact on the economy. American”.
While the report focused on China’s compliance with the World Trade Organization, it covered agricultural trade. The USTR says China’s implementation of agriculture commitments in the phase one deal has been generally positive, however, there has been a noticeable lack of meaningful action in other areas, including biotechnology. agriculture and a risk assessment required for the use of ractopamine in beef and pork production. And the report finds that China remains a difficult and unpredictable market for US agricultural exporters, largely due to inconsistent enforcement of regulations and selective market intervention by Chinese regulators.