,,iii #aaf? ,,congress #b;d ,session ,s4 ,,res4 #fea ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #b1 #bjbj,mr4 ,portman 7= himself & ,mr4 ,c>d97 submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,f9ance ,,resolution ,express+ ! s5se ( ! ,s5ate t1 :ile ! ,unit$ ,/ates f9ds value & usefulness 9 ! ,_w ,trade ,organization 9 fulfill+ ! ne$s ( ! ,unit$ ,/ates & o!r free & op5 economies 9 ! #ba/ c5tury1 significant re=ms at ! ,_w ,trade ,organization are ne$$ & ! ,unit$ ,/ates mu/ !re=e cont9ue to demon/rate lead]%ip to a*ieve ^? re=ms4 ,:]eas ! ,unit$ ,/ates _h l$ ! =mation1 z well z re=m1 ( rules gov]n+ ! multilat]al trad+ sy/em s9ce ,_w ,w> ,,ii2 ,:]eas ! ,unit$ ,/ates is a f\nd+ memb] ( ! ,_w ,trade ,organization 79 ?is preamble ref]r$ to z ! ,,wto7 & a key ar*itect ( ! organization2 ,:]eas ! ,unit$ ,/ates secur$ important commitm5ts 9 ! ,,wto to facilitate trade 9 goods & s]vices1 to prev5t ! application ( non-sci5tific re/rictions on ,unit$ ,/ates agriculture1 & to protect ,unit$ ,/ates intellectual prop]ty2 ,:]eas ! ,unit$ ,/ates uses ! rules ( ! ,,wto to b5efit work]s1 f>m]s1 & bus9esses 9 ! ,unit$ ,/ates by facilitat+ access to ! #ij p]c5t ( ! _w's consum]s :o live outside ! bord]s ( ! ,unit$ ,/ates2 ,:]eas ! fundam5tal purpose ( ! ,,wto is to create space = memb]s to negotiate ) ea* o!r1 & ! ,,wto res]ves to ^? memb]s exclusively ! "r to negotiate & adopt rules t r$uce & elim9ate trade b>ri]s & discrim9atory treatm5t2 ,:]eas ! prompt settlem5t ( disputes 9 :i* a memb] ( ! ,,wto consid]s t its rights are be+ impair$ by ! actions ( ano!r memb] is ess5tial to ! function+ ( ! ,,wto & ! ma9t5ance ( a prop] balance betwe5 ! rights & obligations ( memb]s2 ,:]eas ! ,,wto's dispute settlem5t function1 includ+ 9 p>ticul> ! ,appellate ,body1 has increas+ly fail$ to en=ce ! rules ( ! ,,wto 9 a timely mann]1 & has usurp$ ! negotiat+ pr]ogative ( memb]s by creat+ new obligations & rights t are inconsi/5t ) ! rules negotiat$ by memb]s2 ,:]eas ! creation ( ^? obligations & rights und]m9es-- 7#a7 ! ,,wto's negotiat+ function by disc\rag+ memb]s f mak+ concessions2 & 7#b7 ! ,,wto's dispute settlem5t function by enc\rag+ ov]use ( ! process & und]m9+ its legitimacy1 includ+ by prev5t+ free m>ket economies f respond+ to globally trade di/ortive practices by nonm>ket economies2 ,:]eas ! ,,wto does n h suffici5t rules to discipl9e ! di/ortive economic policies ( nonm>ket economies1 su* z policies relat+ to excess capacity & =c$ te*nology transf]1 ! special treatm5t ^? economies af=d to /ate-own$ ent]prises1 & _! massive & opaque indu/rial subsidies2 ,:]eas !re is long-/&+ bip>tisan support 9 ! ,unit$ ,/ates ,congress to re=m ! ,,wto to address ^? fail+s2 ,:]eas ! curr5t presid5tial adm9i/ration1 z well z prior adm9i/rations1 rais$ conc]ns ab\t ! fail+s describ$ 9 ?is preamble & h made re=m ( ! ,,wto a top priority ( ,unit$ ,/ates trade policy2 ,:]eas ! ,unit$ ,/ates urges ,,wto memb]s to "w con/ructively ) ! ,unit$ ,/ates to assess ! reasons :y ! exi/+ ,,wto rules h prov5 inadequate 9 ord] to create an atmosph]e )9 ! ,,wto t is conducive to ! developm5t ( new rules less subject to jurisprud5tial drift2 ,:]eas ! guid+ pr9ciple = re=m ( ! ,,wto1 & ! l5s ?r\gh :i* ,,wto memb]s %\ld consid] specific re=m proposals1 is ! re/oration ( ! ,,wto's capability & capacity = negotiation betwe5 memb]s2 & ,:]eas1 giv5 t ! ,unit$ ,/ates has a*iev$ its trade policy objectives ?r\gh active lead]%ip at ! ,,wto1 & t an abs5ce ( t lead]%ip w\ld be fill$ by nonm>ket economies t are ho/ile to a ho/ ( ,unit$ ,/ates int]e/s3 ,n[1 !re=e1 be x ,t x is ! s5se ( ! ,s5ate t-- 7#a7 :ile ! ,unit$ ,/ates f9ds value & usefulness 9 ! ,_w ,trade ,organization 79 ?is resolution ref]r$ to z ! ,,wto7 9 ord] to fulfill ! ne$s ( ! ,unit$ ,/ates & o!r free & op5 economies 9 ! #ba/ c5tury1 significant re=ms are ne$$2 7#b7 ! ,unit$ ,/ates mu/ !re=e cont9ue to demon/rate lead]%ip to a*ieve re=ms t re/ore ! effectiv5ess ( ! ,,wto's-- 7,a7 negotiat+ function2 7,b7 dispute settlem5t function s t x transp>5tly1 effici5tly1 & fully en=ces outcomes negotiat$ by memb]s r ?an usurp+ _! primacy by creat+ new rights or obligations2 & 7,c7 rules = special & diff]5tial treatm5t to ensure ^? rules promote developm5t = truly disadvantag$ c\ntries1 r ?an becom+ tools = globally competitive c\ntries to engage 9 protectionism & m>ket di/ortions2 7#c7 ! ef=ts to re=m ! negotiat+ function ( ! ,,wto %\ld revitalize ! negotiat+ function by provid+ confid5ce to memb]s t ! ,,wto op]ates accord+ to ! rules z negotiat$ & adopt$ by memb]s2 7#d7 a revitaliz$ negotiat+ function mu/ include new rules t reflect ! #ba/ c5tury economy1 fur!r combat anticompetitive & protectioni/ b>ri]s1 & ensure disputes are effici5tly resolv$2 7#e7 ! ,unit$ ,/ates ,trade ,repres5tative %\ld cont9ue to lead ef=ts to "w ) ,,wto memb]s to pursue re=ms at ! ,,wto t-- 7,a7 ensure ! dispute settlem5t me*anism fai?fully applies ! rules adopt$ by memb]s1 includ+ by und]tak+ measures to ensure ! ,,wto's ,appellate ,body does n create new rights & obligations2 7,b7 improve public confid5ce 9 dispute settlem5t by promot+ great] transp>5cy & effici5cy 9 ! conduct ( proce$+s2 7,c7 r$ress ! consi/5t failure by c]ta9 memb]s to satisfy _! notification obligations "u v>i\s ,,wto agreem5ts1 includ+ ?r\gh measures t /r5g!n acc\ntability2 7,d7 ensures rules = special & diff]5tial treatm5t are appropriately res]v$ = c\ntries ^: /ate ( developm5t & global competitiv5ess actually w>rants su* flexibility2 7,e7 create new rules & /ructures t c s]ve ! int]e/s ( ! ,unit$ ,/ates :ile promot+ peace1 prosp]ity1 good gov]nance1 transp>5cy1 effective op]ation ( legal regimes1 ! rule ( law1 & free ent]prise2 & 7,f7 exp& ^u ! trilat]al negotiations curr5tly und]way ) ,japan & ! ,european ,union2 & 7#f7 ! ,unit$ ,/ates ,trade ,repres5tative %\ld explore & assess specific re=m proposals1 includ+-- 7,a7 pursu+ plurilat]al agreem5ts t fur!r ! int]e/s ( ! ,unit$ ,/ates :ile limit+ ! b5efits accru+ to c\ntries t are n p>ties to ^? agreem5ts2 7,b7 ef=ts to ensure t incorrect int]pretations by ! ,appellate ,body1 includ+ ) respect to ! ,agreem5t on ,safegu>ds1 ! ,agreem5t on ,implem5tation ( ,article ,,vi ( ! ,g5]al ,agreem5t on ,t>iffs & ,trade #aiid1 & ! ,agreem5t on ,subsidies & ,c\nt]vail+ ,measures1 are correct$1 & n to be deem$ prec$5tial2 7,c7 new rules & norms to address practices ( nonm>ket economies1 su* z practices relat+ to /ate-own$ ent]prises1 :i* c]ta9 c\ntries (t5 utilize = objectives t cause sev]e trade di/ortions2 & 7,d7 bett] implem5tation ( exi/+ rules1 su* z ! prohibition 9 p>agraph #d ( ,article ,,xiv ( ! ,g5]al ,agreem5t on ,t>iffs & ,trade on curr5cy manipulation1 to ensure t ^? rules are effective to pres]ve ! rights ( free m>ket economies4