Thursday, 26 April 2007

The Iron Lady spoke

In her recent comment on the TRIPS case by US against China, the Iron Lady of China, Vice Premier Wu Yi, reportedly said the following:

"The United States Trade Representative, the USTR, has totally ignored the massive strides China has made," Wu told an intellectual property forum in Beijing.

The US action "flies in the face of the agreement between the two countries' leaders to propose dialogue as a way of settling disputes," Wu said, adding that never before had a WTO member simultaneously mounted two cases against another country.

"This will have an utterly negative impact and will inevitably badly damage bilateral intellectual property cooperation," she said, while also warning it would "harm" cooperation over market access issues.

"The Chinese government is extremely dissatisfied about this, but we will proactively respond according to the related WTO rules and see it through to the end," Wu said.

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