BEIJING, Dec. 21 (Xinhuanet) -- The World Trade Organization has concluded its 11th trade policy review of the , with some of the country's trade policies causing concern among its trade partners. The US received more than 1,500 questions from 36 members in this review concerning its trade policies and practices.
As the world’s biggest exporter of agricultural products with a new Farm Bill expected next year, the United States is being encouraged to review many agricultural policies including domestic support measures, food aid, and export programs.
Concerns have been raised about the potential increase in trade transaction costs that could result from the 100-percent scanning requirement, and further information on this and on risk analysis has been requested.
In addition, members remain concerned about its lack of enough use of international standards in Technical Barriers to Trade and Sanitary and Phytosanitary measures.
China’s Permanent Representative to the , Yi Xiaozhun, has urged the United States to re-prioritize the multilateral system and re-engage in the Doha negotiations "in a more proactive approach."
Trade policy reviews are an exercise, mandated in WTO agreements, in which members’ trade and related policies are examined and evaluated at regular intervals.
All WTO members are subject to review, with the frequency of review depending on the country’s trade volume. The United States, China, the and are reviewed every two years.
(Source: CNTV.cn)