Oct. 26 (Bloomberg) -- U.S. Trade Representative Ron Kirk said approval of three free-trade agreements by Congress creates momentum for Pacific trade talks where the U.S. is offering a proposal to end unfair advantages for state-owned firms.
U.S. negotiators meeting with eight partners in Lima this week are presenting rules for companies that “are essentially extensions or creations of state-owned enterprises,” Kirk said today in a speech at the U.S. Chamber of Commerce in Washington. “We are seeking new obligations, and we’re also promoting good regulatory practices.”
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