[Congressional Record Volume 141, Number 24 (Tuesday, February 7, 1995)]
[Senate]
[Page S2264]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
UNITED STATES TRADE SANCTIONS ON THE PEOPLE'S REPUBLIC OF CHINA
Mr. THOMAS. Madam President, late yesterday afternoon the Office of
the United States Trade Representative received a letter from Wu Yi,
the PRC Minister of Trade, stating that the Chinese were prepared to
resume talks in Beijing next week on the issue of infringements on
American intellectual property rights.
As I noted on the floor of the Senate yesterday, since 1992 the PRC
has failed to live up to its obligations under the memorandum of
understanding on intellectual property rights. Factories throughout
China, especially in the southern and eastern provinces, continue to
mass-produce pirated versions of American computer software, compact
discs, CD-ROM's, and video and audio cassettes mostly for sale abroad.
The USTR estimates that the sale of these pirated items has cost U.S.
businesses more than $1 billion. Efforts by the USTR to bring the PRC
into compliance with the MOU have failed, resulting in the proposed
sanctions announced by the administration on Saturday.
Madam President, I am very pleased that the Chinese Government has
agreed to resume negotiations over this vitally important issue. A
strong and equitable relationship between our two countries is of the
utmost importance, and I know that no one relished the prospect of a
protracted trade dispute. I hope that the PRC will use this opportunity
to constructively address our grievances, and move toward adopting
stronger measures to curb economic piracy.
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