[ Search ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
91_HJ0054
LRB9113637CBcb
1 HOUSE JOINT RESOLUTION
2 WHEREAS, The United States and the People's Republic of
3 China have entered into an historic U.S. - China trade
4 agreement which opens the door for China to join the World
5 Trade Organization (WTO); and
6 WHEREAS, China represents the fourth largest market in
7 the world for American goods and services and one of the top
8 ten markets in the world for goods and services produced in
9 the State of Illinois; and
10 WHEREAS, China is the largest country in the world with
11 over 1.4 billion people and is projected to be the second
12 economic force in the world within the next ten years; and
13 WHEREAS, The U.S. - China Trade Agreement provides
14 unprecedented opportunities for workers, companies, and
15 farmers across the State of Illinois and throughout our
16 country; and
17 WHEREAS, Key segments of the economy of Illinois
18 including farming, manufacturing, high technology,
19 telecommunications, insurance, chemicals, and services stand
20 to benefit from increased trade with China; and
21 WHEREAS, China has agreed to reduce its average
22 industrial tariff from 35% to 10%, expand market access for
23 U.S. agricultural products, eliminate discriminatory taxes
24 and regulations, abolish trade distorting export subsidies,
25 and phase out protectionist quotas; and
26 WHEREAS, China's entry into the WTO requires it to
27 unilaterally open its markets and agree to play by the same
28 internationally accepted rules as other WTO members; and
29 WHEREAS, China's entry into the WTO will give the Chinese
30 people more access to the outside world, opening Chinese
-2- LRB9113637CBcb
1 society to democratic ideals and principles; and
2 WHEREAS, The United States must grant Permanent Normal
3 Trade Relations (PNTR) to China in order to enjoy the
4 benefits of China's membership in the WTO; and
5 WHEREAS, Failure of the United States to grant PNTR to
6 China will place the United States and the people of Illinois
7 at a competitive disadvantage with our trading competitors in
8 Europe, Asia, and throughout the world who will have access
9 to the emerging China market; therefore, be it
10 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
11 NINETY-FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
12 SENATE CONCURRING HEREIN, that we strongly support the
13 accession of China into the World Trade Organization and,
14 further, that this General Assembly calls on members of the
15 Illinois congressional delegation to pass legislation
16 granting Permanent Normal Trade Relations with China at the
17 earliest opportunity; and be it further
18 RESOLVED, That suitable copies of this resolution be
19 forwarded to each member of the Illinois congressional
20 delegation.