USCBC Statement on Phase One Deal Signing
Jan. 15, 2020
WASHINGTON – January 15, 2020 - The US-China Business Council applauds the phase one agreement reached by US and Chinese trade negotiators. This agreement is a concrete step towards restoring stability and trust in the overall US-China relationship.
The agreement also represents real progress on removing market access restrictions, improving intellectual property rights protection, re-balancing our trade ties, and introducing an important and new dispute resolution mechanism.
“This is an encouraging first step that should benefit many of our members,” said USCBC President Craig Allen.