[Congressional Record Volume 146, Number 41 (Wednesday, April 5, 2000)]
[House]
[Page H1826]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PERMANENT NORMAL TRADING RELATIONS WITH CHINA
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Arkansas (Mr. Berry) is recognized for 5 minutes.
Mr. BERRY. Mr. Speaker, I want to speak this evening in support of
Permanent Normal Trading Relations with China. I want to commend the
Speaker of the House for setting a date when we will have the vote
before Memorial Day.
I want to commend the President for the extraordinary effort that he
is putting into this. I want to commend Ambassador Barshefsky;
Secretary of Agriculture, Dan Glickman; and Secretary of Commerce, Bill
Daley for their strong effort to help us pass Permanent Normal Trading
Relations with China.
{time} 1800
We must approve permanent normal trading relations with China in May,
or our economy will suffer for years to come. It will be a terrible
mistake for this country not to approve this agreement. There are 1.3
billion people in China, 20 percent of the world's population, one of
the fastest growing economies in the world. This is a good deal for
America. It cuts overall tariffs from 24 to 9 percent by 2005, cuts
overall agriculture tariffs from 31 to 17 percent, it gives us five
times more market access for cotton, 20 times more market access for
rice, an unbelievable potential for poultry, beef, pork, soybeans,
wheat and nearly every other ag product, and a huge potential for
technology, banking, telecommunications, insurance. We give up nothing
in this agreement, Mr. Speaker. This agreement grants us access to
their market. It does not give them any additional access to our
markets.
China has had access to our markets for the last 20 years. The
Chinese want a seat at the international trade negotiating table. They
must give access to get that. If this agreement does not happen, we
will lose out and the rest of the world will gain. Literally the rest
of the world will laugh all the way to the bank. China is going to
enter the World Trade Organization whether we pass this agreement or
not. Our choice is whether we want to have the same access to a market
of 1.3 billion people as the rest of the world. The only choice for us
to make is to approve permanent normal trading relations with China.
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