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176 Concord Street, P.O. Box 22287, Charleston, SC 29413-2287
Contact: Erin Dhand, Manager, Corporate Communications and Community Affairs
Telephone: 843-577-8121 • Fax: 843-577-8127 • e-mail: EDhand@scspa.com


FOR IMMEDIATE RELEASE
5/1/2000

Port Backs PNTR

Charleston, SC - The South Carolina State Ports Authority supports passage of Permanent Normal Trade Relations with China.

Passage of PNTR is seen as necessary for the United States to realize the benefits of China's entry into the World Trade Organization. As a result of these discussions, China has proposed tariff stabilization and reductions on a variety of U.S. exports.

Especially of interest to the Port of Charleston's customers is China's 62% slash in tariffs on U.S. paper and paper products, which represent more than one half of all exports to China through Charleston. Other key sectors that would benefit are machinery, power generation equipment, fibers, medical equipment and poultry.

Overview of U.S.-China Trade via Charleston

U.S. Exports to China

Chinese Exports to the U.S.