S.Con.Res.55 - A concurrent resolution expressing the sense of the Congress regarding the conditions for the United States to become a signatory to any multilateral agreement on trade resulting from the World Trade Organization's Doha Development Agenda Round.109th Congress (2005-2006)
|Sponsor:||Sen. Craig, Larry E. [R-ID] (Introduced 09/29/2005)|
|Committees:||Senate - Finance|
|Latest Action:||09/29/2005 Referred to the Committee on Finance.|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: S.Con.Res.55 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in Senate (09/29/2005)
Expresses the sense of Congress that the United States should not be a signatory to any agreement or protocol with respect to the Doha Development Round of the World Trade Organization (WTO) negotiations, or any other bilateral or multilateral trade negotiations, that adopts any proposal to lessen the effectiveness of domestic and international disciplines on unfair trade or safeguard provisions, including certain proposals, and would lessen in any manner U.S. ability to enforce rigorously its trade laws, including the antidumping, countervailing duty, and safeguard laws.
Expresses the sense of Congress that: (1) U.S. trade laws and international rules appropriately serve the public interest by offsetting injurious unfair trade, and that further "balancing modifications" or other similar provisions are unnecessary and would add to the complexity and difficulty of achieving relief against injurious unfair trade practices; and (2) the United States should ensure that any new agreement relating to international disciplines on unfair trade or safeguard provisions fully rectifies and corrects decisions by WTO dispute settlement panels or the Appellate Body that have unjustifiably and negatively impacted, or threaten to negatively impact, U.S. law or practice, including a law or practice with respect to foreign dumping or subsidization.