Most Favored Nation Status: Trade with Communist Nations

Publication Date: May 1979

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Susan P. Woodard

Research Area: Trade

Keywords: Trade and foreign aid

Type: Report

Abstract:

While the main focus of congressional debate this year concerning the framework of detente will be military policies, U. S. commercial ties with the East (linked directly to U. S. political and security interests) will also be reviewed. The new U. S. openings to the People's Republic of China (PRC) focuses attention once again on the issue of extension of most-favored-nation (MFN) status to non-market economies and has hastened discussion of this key trade principle.