Here, again, India has finally taken the first steps, by granting Pakistan Most Favored Nation status.
Going into this year's conference it was clear that Israel once again would enjoy most favored nation whacking status.
Yet, despite the breadth of this legislation's coverage, the well-known and well-worn vehicle of Most Favored Nation status is nowhere to be found in this debate.
Approving the trade pact would end the annual debate over whether China should get normal trade relations -- a designation previously known as Most Favored Nation (MFN) status.
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The measure would permanently grant the People's Republic the normal access to U.S. markets most other U.S. economic partners enjoy, ending the annual vote on granting Beijing "most favored nation" status.
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Such terms, known as "most favored nation" clauses, have drawn the scrutiny of the Justice Department in recent years in the health-care industry because they can sometimes be used to hamper competition.
Rather, it is simply to argue that other pressure points, such as the vote on Most Favored Nation Status for China, the Crime Bill and the like, should be exploited for this purpose.
The good news for those who hope to give Moscow permanent Most Favored Nation (MFN) status is that the Soviet legislature approved this legislation by a vote of 320 to 37, with 32 abstentions.
It did so by linking the granting of Most Favored Nation status and official loans and credit guarantees to the Soviet Union (and other nations with non-market economies) to clear evidence of an institutionalized respect for the right to emigrate.
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As a result, there is no meaningful political counterweight in place that signals the United States' displeasure with the continuing brutal repression in China or that offsets the pro-regime overtones of the president's recent decision to renew China's most favored nation (MFN) status.
Jackson (D-WA) introduced an amendment to the East-West Trade Relations Act linking the granting of Most Favored Nation status and official credits to the Soviet Union and other nations with non-market economies to clear evidence of their institutionalized respect for the right to emigrate.
This campaign will likely reach a crescendo next spring, when Congress will be asked to clear the way for such membership by abandoning annual consideration of Most Favored Nation status for the People's Republic of China in favor of a permanent grant of Normal Trade Relations.
As a consequence of the extremely broad character of the eligibility definition, the Soviet Union could easily qualify for most favored nation (MFN) status, OPIC coverage, Eximbank programs, Trade and Development Program activities, Small Business Administration loans and programs, IMF membership, and a host of other U.S. government assistance measures.
Jackson (D-WA) introduced an amendment to the East-West Trade Relations Act linking the granting of Most Favored Nation status and official credits to the Soviet Union and other nations with non-market economies to clear evidence of their institutionalized respect for the right to emigrate. (1) This amendment (which ultimately was enacted as part of the Trade Reform Act of 1974) reflected Sen.
No action should be taken under these circumstances to grant the Soviet Union most-favored nation status.
No action should be taken under current circumstances to grant the Soviet Union most-favored nation status.
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Some contracts include so-called most-favored nation clauses, which make programmers give the biggest cable companies the best price they are offering anywhere, among other conditions.
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An exchange of ambassadors could lead to Vietnam getting Most-Favored Nation trading status and Export-Import Bank loans, critical for buying high-priced items such as aircraft.
Up to the Malta Summit, the Bush Administration had stipulated that most-favored nation (MFN) status could only be granted once Moscow enacted and implemented a new Soviet law codifying free emigration privileges for Soviet citizens.
Should the Soviet Union, in due course, obtain full GATT membership which they fully expect would follow from observer status U.S. efforts to continue to withhold most-favored nation status through the Jackson-Vanik amendment could be compromised.
Should the Soviet Union, in due course, obtain full GATT membership -- which they fully expect would follow from observer status -- U.S. efforts to continue to withhold most-favored nation status through the Jackson-Vanik amendment could be compromised.
Last year, President Bush said to the American people that he would not consider waiving the Jackson-Vanik amendment and granting most-favored nation status to the Soviet Union until that country had both codified liberal emigration laws and demonstrated a track-record under such codification?
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Kemp agrees with the president that Congress should vote again to extend most-favored-nation status to China.
Most-favored-nation status offers low tariffs and treats countries as normal trading partners.
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Most-favored-nation clauses are also an issue in the e-books case, where Apple sought to ensure that publishers gave the Apple online bookstore the best price available.
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In July, the middle of an election year, Congress will also have its annual fight over whether China should continue to enjoy most-favored-nation trading status, known by the acronym MFN.
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"I think Dick Gephardt has made a real error in calculating his possibilities for the year 2000 if that's what he's doing, " Kemp said, referring to Gephardt's recent attacks on the budget deal and extending most-favored-nation trade status to China.
Poland and Hungary are now seeking access to a number of U.S. trade and financial privileges, including: permanent or multi-year most-favored-nation status, tariff benefits under the generalized system of preferences, eligibility for Overseas Private Investment Corporation programs and large-scale debt relief.
Sweeney is opposed to term limits, is personally opposed to abortion but believes that government should not make these decisions for a woman, would vote to repeal the assault weapons ban, opposes "most-favored-nation" trade status for China, is reluctant to support fast track trade authority for the president, and opposes increasing the minimum wage right now.
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