At a glance

The Progress-Index Weekend - - BUSINESS -

The agree­ment would also ease im­port re­stric­tions on agri­cul­tural goods, in­clud­ing end­ing China’s ban on beef im­ports, which was im­posed in 2003 af­ter a case of mad-cow dis­ease. In ex­change, the U.S. would al­low the sale of cooked Chi­nese poul­try — a move Ross said could be done safely. The agree­ment would also stream­line the eval­u­a­tion of U.S. biotech­nol­ogy prod­uct ap­pli­ca­tions; pave the way for al­low­ing Amer­i­canowned sup­pli­ers of elec­tronic pay­ment ser­vices to be­gin the li­cens­ing pro­cesses in China; and fa­cil­i­tate the en­trance of Chi­nese banks into the U.S. bank­ing mar­ket.

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