U.S. must withhold rewards until Vietnam progresses

Article Abstract:

The Clinton administration is discouraged from extending the most-favored-nation status to Vietnam, unless the communist government guarantee the release of political prisoners and refugees. Further, the federal government must withdraw its bid to wave the Jackson-Vanik Amendment not only because it would jeopardize trade and investments in Vietnam, but would incur additional tax payments among US citizens as well. Most importantly, the government must refuse from granting economic concessions to Vietnam until the latter promises to reform its commercial policies and make the system conducive to business growth.

Trade Relations, United States, Evaluation, Column, Economic policy, Vietnam, International economic relations, United States foreign relations, Trade policy, Vietnamese foreign relations, Political prisoners, Most favored nation clauses

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Will APEC pick up the pace for free trade?

Article Abstract:

The implementation of Asia Pacific Economic Cooperation's (APEC) plans have been slowed down by various issues. These include the absence of help coming from global trade negotiations, the holding of the US presidential elections and the failure of previous talks to resolve politically-sensitive issues. To speed up APEC's pace, the group must adopt several measures, such as the creation of an Internet site, the development and implementation of schedules and the formulation of official US policies on free trade.

Analysis, International aspects, Free trade, Asia-Pacific Economic Cooperation

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South Asia nations step up the pace on free trade

Article Abstract:

The South Asian Association for Regional Cooperation is moving towards the liberalization of trade in the South Asian region. Members are diligently negotiating the possibility of cutting tariffs, ending quotas and removing barriers. The move is an attempt to promote the opening up of Asian markets that started with a preferential agreement penned in 1995. The next round of talks would cover products which are actively traded between member states. The group's goal is to open up market between 2001 and 2005.

Planning, International trade regulation, South Asian Association for Regional Cooperation

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