U.S. & China hold scheduled discussion on Phase One implementation

by | Aug 25, 2020 | 5 Ag Stories, News

Ambassador Lighthizer and Secretary Mnuchin participated in a regularly scheduled call this evening with China?s Vice Premier Liu He to discuss the implementation of the historic Phase One Agreement between the United States and China. The parties addressed steps that China has taken to effectuate structural changes called for by the Agreement that will ensure greater protection for intellectual property rights, remove impediments to American companies in the areas of financial services and agriculture, and eliminate forced technology transfer.

The parties also discussed the significant increases in purchases of U.S. products by China as well as future actions needed to implement the agreement. Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement.