Common Contracts
1 similar Economic and Trade Agreement contracts
ECONOMIC AND TRADE AGREEMENT BETWEEN THE UNITED STATES OF AMERICA ANDEconomic and Trade Agreement • January 15th, 2020
With China’s commitment to implement a transparent, predictable, efficient, science- and risk-based system for the review of products of agricultural biotechnology, the Phase One economic and trade agreement signed by the United States and China on January 15, 2020, will result in improvements to China’s regulatory authorization process for agricultural biotechnology products. These changes will result in China completing review of an application for products for animal feed or further processing in an average of no more than 24 months. China will also improve the transparency and timeliness of its process and has agreed to work with importers and the U.S. government in situations of low-level presence (LLP) of genetically engineered materials in shipments.
