However, the agreement is not as good as expected as quota control in trade is totally outdated in a world of economic liberalization and free trade.

We all need patience and do things according to the rules.

On some of the negotiations, we were almost at the edge of the cliff.

Developed countries should be aware that textile integration is an inevitable trend and to have quotas is not correct,

If the present trend of trade flow is maintained by 2010, the bilateral trade would reach $50 billion.

Ambassador Portman has shown some flexibility at the end of the day, … but I don’t think that’s enough. Actually that’s still a far cry from our original expectations.

I am aware of the pressure given by the U.S. (textile) industry but it doesn’t mean who shouts loudest is most reasonable,

This is a win-win result, which once again proves that any trade problem can be solved with reason and intelligence from both sides on an equal and fair basis.