Memorandum of Consultation Signed in D.C.

Friday, April 11, 2003
U.S. Maritime Administrator Captain William G. Schubert and Hong Shanxiang, vice minister of communications for the People's Republic of China, have signed a Memorandum of Consultation On April 9 in Washington, D.C. The Memorandum reflects the work of an initial round of negotiations on a new maritime transport agreement. Discussions focused on fundamental issues of concern to the two governments, including Non-Vessel Operating Common Carrier (NVOCC) bonding; filing of confidential freight rates; branch offices; logistics services; vessel agency; and controlled carriers. Captain Schubert said he was impressed by the constructive discussions and that, while much work needs to be done to complete a U.S.-China Bilateral Maritime Agreement, this was a very good beginning.
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