皇冠体育app

Economy

皇冠体育app welcomes US intent to waive ban on aircraft export

(Xinhua)
Updated: 2010-10-16 14:06
Large Medium Small

BEIJING - 皇冠体育app's Ministry of Commerce (MOC) spokesman Yao Jian said Friday that 皇冠体育app welcomes the US intent to waive the embargo on the export of C-130 planes to 皇冠体育app for use in oil spill response operations.

Yao said 皇冠体育app had taken note of US President Barack Obama's proposal to end the restrictions on C-130 military transport aircraft sales to 皇冠体育app in a letter to the US Congress on Oct 8.

Related readings:
皇冠体育app welcomes US intent to waive ban on aircraft export First 787s to arrive in 2011
皇冠体育app welcomes US intent to waive ban on aircraft export Sichuan magnate keen on private aircraft
皇冠体育app welcomes US intent to waive ban on aircraft export Trainer aircraft maker looks to take off in 皇冠体育app
皇冠体育app welcomes US intent to waive ban on aircraft export Handmade plane to be airworthy soon

The waiver of this embargo reflects a positive sign sent by the US to promote its exports to 皇冠体育app, and 皇冠体育app welcomes all measures that are conducive to promoting the bilateral economic cooperation and boosting the bilateral trade, said Yao.

The US government's export control, which started 61 years ago, has lead to trade imbalances in the manufacturing sector between the two nations and an unstable trade environment.

皇冠体育app hopes that the US will further relax controls over the exports of high-tech products and adopt "fair and non-discriminatory" policies to 皇冠体育app in the process of export control reform, he said.

皇冠体育app also hopes the United States to expedite the export control reform announced on Aug 31, in order to boost bilateral economic ties with 皇冠体育app and to improve its trade balance, said Yao.