Page:United States Statutes at Large Volume 116 Part 2.djvu/216

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116 STAT. 998 PUBLIC LAW 107-210—AUG. 6, 2002 commitments that any such regulations are the least restrictive on trade, nondiscriminatory, and transparent, and promote an open market environment; and (E) to extend the moratorium of the World Trade Organization on duties on electronic transmissions. (10) RECIPROCAL TRADE IN AGRICULTURE. —(A) The principal negotiating objective of the United States with respect to agriculture is to obtain competitive opportunities for United States exports of agricultural commodities in foreign markets substantially equivalent to the competitive opportunities afforded foreign exports in United States markets and to achieve fairer and more open conditions of trade in bulk, specialty crop, and value-added commodities by— (i) reducing or eliminating, by a date certain, tariffs or other charges that decrease market opportunities for United States exports— (I) giving priority to those products that are subject to significantly higher tariffs or subsidy regimes of major producing countries; and (II) providing reasonable adjustment periods for United States import-sensitive products, in close consultation with the Congress on such products before initiating tariff reduction negotiations; (ii) reducing tariffs to levels that are the same as or lower than those in the United States; (iii) reducing or eliminating subsidies that decrease market opportunities for United States exports or unfairly distort agriculture markets to the detriment of the United States; (iv) allowing the preservation of programs that support family farms and rural communities but do not distort trade; (v) developing disciplines for domestic support programs, so that production that is in excess of domestic food security needs is sold at world prices; (vi) eliminating government policies that create pricedepressing surpluses; (vii) eliminating state trading enterprises whenever possible; (viii) developing, strengthening, and clarifying rules and effective dispute settlement mechanisms to eliminate practices that unfairly decrease United States market access opportunities or distort agricultural markets to the detriment of the United States, particularly with respect to import-sensitive products, including— (I) unfair or trade-distorting activities of state trading enterprises and other administrative mechanisms, with emphasis on requiring price transparency in the operation of state trading enterprises and such other mechanisms in order to end cross subsidization, price discrimination, and price undercutting; (II) unjustified trade restrictions or commercial requirements, such as labeling, that affect new technologies, including biotechnology; (III) unjustified sanitary or phytosanitary restrictions, including those not based on scientific principles in contravention of the Uruguay Round Agreements;