19 U.S.C. § 3555 — Objectives for extended negotiations

(a) Financial services. In extended WTO negotiations, the United States should seek commitments from many commercially important developed and developing countries to reduce or eliminate barriers to supplying financial services, including barriers denying national treatment or market access by restricting financial-service providers. These commitments are the condition for the United States (1) offering national treatment and market access in each financial-services subsector and (2) making those commitments on a normal-trade-relations basis. (b) Basic telecommunications. The United States' main goal in extended WTO negotiations is to open foreign basic-telecommunications markets on nondiscriminatory terms, through competition based on facilities or resale on existing networks. (c) Civil aircraft. (1) Negotiations. The United States' main goals in extended WTO negotiations are (A) competitive foreign-market opportunities for United States exports substantially equal to those given foreign products in the United States; (B) reducing or eliminating particular tariff and non-tariff barriers, including through wider membership in the Agreement on Trade in Civil Aircraft and the US–EC agreement on large civil aircraft; (C) maintaining strong, effective subsidy disciplines for civil-aircraft products under the Agreement on Subsidies and Countervailing Measures; (D) maintaining the scope and coverage of indirect support in the US–EC agreement; and (E) increasing transparency about foreign civil-aircraft subsidy programs through greater government disclosure of taxpayer money and higher financial-disclosure standards for supported companies, including disclosure comparable to United States securities-law disclosure. (2) Definitions. For paragraph (1), “civil aircraft” means products covered by the Agreement on Trade in Civil Aircraft; “large civil aircraft” has the meaning in Annex II to the US–EC agreement; “indirect support” means indirect government support defined in that Annex; “Agreement on Trade in Civil Aircraft” means the agreement approved by Congress under 19 U.S.C. 2503; and “US–EC bilateral agreement” means the July 17, 1992 Agreement Concerning the Application of the GATT Agreement on Trade in Civil Aircraft Between the European Economic Community and the Government of the United States of America on large civil aircraft.