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(单词翻译:双击或拖选)
US Promotes Pacific Trade Pact1
The Trans-Pacific Partnership2 aims to bring together Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, and the United States to promote innovation and investment. Secretary Clinton says that is good for business.
"The private sector3 needs to stand up for the system that will allow you to thrive over the long run. That means pushing governments to support high-standard trade agreements like the Trans-Pacific Partnership, to drop harmful protectionist policies," said Clinton.
The partnership will require members to agree to third-country tribunals to decide whether investment obligations have been met. Analyst4 Dan Ikenson from Cato Institute in Washington says the breadth of the trade deal is slowing its completion. “What is making it difficult, and at the same time perhaps makes it worth pursuing, is that it really seeks to integrate the economies beyond just dropping tariffs5 and eliminating quotas6 and subsidies,” he stated.
Secretary Clinton told business leaders at the APEC summit in Russia that protectionism may provide short-term benefits to domestic companies, but it disrupts supply chains and scares off investors7. "We know there remain significant discriminatory procurement8 rules and local content requirements," she said. "So-called 'toll9 booths' that force unfair terms on foreign companies just to enter or expand in a market."
Analyst Dan Ikenson says the scale of this deal makes it more profitable to investors than country-by-country accords. “There are so many rules in place, bilateral10 rules that make it very difficult for companies to realize efficiencies when they export or when they import,” he added.
Noticeably absent from the Trans-Pacific Partnership is China. Ikenson believes that is part of the security and economic strategy of Washington’s Asia pivot11. “China is not happy with the TPP because it feels that it is being targeted, that it is being isolated12 by it. I frankly13 don’t blame them," he said. "I think that is the proper way to interpret the rhetoric14.”
Secretary Clinton says the United States welcomes a prosperous China that provides opportunities to its people because that helps the global economy. She says the Trans-Pacific Partnership will raise the bar for competition in a way that benefits all Asian economies, whether or not they are partners in the trade deal.
1 pact | |
n.合同,条约,公约,协定 | |
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2 partnership | |
n.合作关系,伙伴关系 | |
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3 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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4 analyst | |
n.分析家,化验员;心理分析学家 | |
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5 tariffs | |
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
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6 quotas | |
(正式限定的)定量( quota的名词复数 ); 定额; 指标; 摊派 | |
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7 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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8 procurement | |
n.采购;获得 | |
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9 toll | |
n.过路(桥)费;损失,伤亡人数;v.敲(钟) | |
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10 bilateral | |
adj.双方的,两边的,两侧的 | |
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11 pivot | |
v.在枢轴上转动;装枢轴,枢轴;adj.枢轴的 | |
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12 isolated | |
adj.与世隔绝的 | |
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13 frankly | |
adv.坦白地,直率地;坦率地说 | |
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14 rhetoric | |
n.修辞学,浮夸之言语 | |
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