To direct the United States representatives at certain international financial institutions to insist that the institutions uphold the trade liberalization commitments made by the Asian countries receiving assistance from such institutions.
Asian Trade Reform Implementation Act of 1998 - Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct the U.S. Executive Directors at the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (World Bank), and the Asian Development Bank to use their voices and votes to insist that Asian countries receiving assistance from them: (1) continue to reduce tariff and non-tariff trade barriers to international goods; (2) end trade-related subsidies; (3) improve the transparency of import requirements; and (4) continue to liberalize domestic markets.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR H856, H882-883)
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Domestic and International Monetary Policy.
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