International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | December NCITD Meeting to Focus on BIS and FCPA Is... » | USTR Releases 2007 Report to Congress on China's W... » | Senate to Consider Nomination of Christopher Padil... » | Census Bureau Invites Comments Regarding Data Coll... » | House Passes U.S.-Peru Trade Promotion Agreement b... » | Washington Think Tank Issues Trade Report Entitled... » | Import Safety Working Group Issues Import Safety A... » | Commerce Department Makes Preliminary Countervaili... » | BIS Publishes Final Rule Amending EAR and CCL to I... » | BIS Update 2007 Program Summaries Have Been Posted... » 

December 11, 2007 

U.S. and China Sign "Guidelines for U.S.-China High-Technology and Strategic Trade Development" and Other Import and Export Agreements

In a signing ceremony held in Beijing as part of the 18th Joint Commission on Commerce and Trade (JCCT) between China and the U.S., representatives of the two governments today signed eleven agreements on a variety of import and export issues.

One of the agreements signed today was the
"Guidelines for U.S.-China High-Technology and Strategic Trade Development," which outlined the importance of the two countries working cooperatively to achieve the mutual benefits of facilitating safe and secure, bilateral civilian high-technology trade.

The Guidelines, which were signed by Under Secretary of Commerce Mario Mancuso and MOFCOM Vice Minister Wei Jiangguo, were
developed by the Bureau of Industry and Security (BIS) and MOFCOM under the U.S.-China High Technology and Strategic Trade Working Group (HTWG) that was established at the 2005 JCCT to further U.S.-China cooperation on export control and high technology trade issues.

Under the Guidelines, the Commerce Department and MOFCOM will jointly identify and carry out steps to enhance secure high technology and strategic trade. For example, the Commerce Department and MOFCOM will continue to review U.S. dual-use policy to identity and implement appropriate processes to streamline the licensing process for legitimate civilian trade. The Guidelines also recognize the critical role of end-use visits conducted by BIS in ensuring the protection of U.S. national security interests in the enhancement of high technology trade.

A number of other agreements were signed during today's signing ceremony, including agreements on expanding U.S. exports to 14 "second-tier" cities in China, a Memorandum of Agreement on the Safety of Food and Feed, and a Memorandum of Agreement on the Safety of Drugs and Medical Devices. A complete list of the agreements that were signed can be found here.

Labels: , ,


Editor

Subscribe

Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed

Archives

Categories

Disclaimer

  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News, www.tradelawnews.com".
  • ©2003-2015. All rights reserved.

Translate This Site


Powered by Blogger