Table of Contents THE PRESIDENT’S TRADE POLICY AGENDA I. Overview and the 2004 Agenda................................................................................................. 1 THE PRESIDENT’S 2004 ANNUAL REPORT ON THE TRADE AGREEMENTS PROGRAM II. The World Trade Organization................................................................................................. 1 III. Bilateral and Regional Negotiations........................................................................................ 105 A. Free Trade Agreements..................................................................................................... 105 1. Chile ....................................................................................................................... 105 2. Singapore ................................................................................................................ 106 3. Jordan ..................................................................................................................... 107 4. Israel ....................................................................................................................... 108 5. U.S.-Central American FTA (CAFTA) Negotiations............................................... 108 6. Australia FTA Negotiations..................................................................................... 109 7. Morocco FTA Negotiations..................................................................................... 110 8. Southern Africa FTA Negotiations.......................................................................... 110 B. Regional Initiatives ........................................................................................................... 110 1. Free Trade Area of the Americas ............................................................................. 110 2. Enterprise for ASEAN Initiative.............................................................................. 112 3. NAFTA.................................................................................................................... 113 4. MEFTA.................................................................................................................... 115 5. APEC ...................................................................................................................... 116 C. The Americas ................................................................................................................... 119 1. Canada .................................................................................................................... 119 2. Mexico .................................................................................................................... 122 3. Brazil and Southern Cone....................................................................................... 123 4. The Andean Community ........................................................................................ 126 5. Central America and the Caribbean........................................................................ 127 D. Western Europe................................................................................................................ 130 1. EU ........................................................................................................................... 130 2. EFTA....................................................................................................................... 134 3. Turkey..................................................................................................................... 134 E. Central, Eastern and Southeast Europe............................................................................ 135 F. Russia and Newly Independent States............................................................................... 137 1. Normal Trade Relations Status................................................................................ 137 2. Intellectual Property Rights .................................................................................... 138 3. Generalized System of Preferences ......................................................................... 139 4. WTO Accession ...................................................................................................... 139 5. Bilateral Trade Agreements and Bilateral Investment Treaties ................................ 140 6. Country Specific Issues........................................................................................... 140 i G. Mediterranean/Middle East.............................................................................................. 141 1. Morocco.................................................................................................................. 141 2. Egypt....................................................................................................................... 141 3. Israel ....................................................................................................................... 142 4. Jordan ..................................................................................................................... 142 5. Trade and Investment Framework Agreements ...................................................... 143 6. WTO Accession ...................................................................................................... 143 7. Intellectual Property Rights .................................................................................... 143 8. Bahrain.................................................................................................................... 143 H. Asia and the Pacific.......................................................................................................... 143 1. Australia.................................................................................................................. 144 2. New Zealand........................................................................................................... 144 3. Association of Southeast Asian Nations.................................................................. 145 4. Republic of Korea ................................................................................................... 150 5. India........................................................................................................................ 158 6. Pakistan .................................................................................................................. 160 7. Afghanistan............................................................................................................. 160 8. People’s Republic of China...................................................................................... 161 9. Japan ....................................................................................................................... 165 10. Taiwan .................................................................................................................. 182 11. Hong Kong............................................................................................................ 184 12. Sri Lanka............................................................................................................... 184 I. Africa ................................................................................................................................. 184 1. SACU FTA............................................................................................................... 184 2. Implementing AGOA.............................................................................................. 184 3. Promoting Economic Reform, Growth and Development...................................... 186 4. Expanding Bilateral and Regional Trade and Investment Relationships................. 186 5. Facilitating Sub-Saharan Africa’s Integration into the Multilateral Trading System 188 IV. Other Multilateral Activities.................................................................................................... 189 A. Trade and the Environment.............................................................................................. 189 B. Trade and Labor................................................................................................................ 192 C. Organization for Economic Cooperation and Development............................................ 196 D. Semiconductor Agreement............................................................................................... 205 E. Steel Trade Policy ............................................................................................................. 205 ii | 2004 TRADE POLICY AGENDA AND 2003 ANNUAL REPORT V. Trade Enforcement Activities.................................................................................................... 209 A. Enforcing U.S. Trade Agreements..................................................................................... 209 1. Overview................................................................................................................. 209 2. WTO Dispute Settlement........................................................................................ 210 3. Other Monitoring and Enforcement Activities ....................................................... 210 B. U.S. Trade Laws ...............................................................................................................