Partners to Testify Before US-China Commission
February 2, 2005
Washington, DC – Two Kelley Drye lawyers, David Hartquist and Michael Coursey are scheduled to testify before the US-China Economic and Security Review Commission regarding China’s compliance with its obligations to the World Trade Organization ("WTO"). The public hearing will focus on strategies designed to assess and enforce China’s compliance with the WTO. The US-China Commission was created in 2000, by Congress to monitor, investigate, and submit to congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and the People's Republic of China, and to provide recommendations, where appropriate, to Congress for the legislative and administrative action.

WHAT: Testimony by David Hartquist to US-China Commission
Panel III – Strategies for Enforcement – Exchange Rate Practices

WHEN Thursday, February 3, 2005, 2:00-3:30pm

WHERE: Room 124, Dirksen Senate Office Building
1st and Constitution Ave, NE, Washington, DC

WHAT: Testimony by Michael Coursey to US-China Commission

Panel VII – Strategies for Enforcement - Agriculture

WHEN: Friday, February 4, 2005, 11:30am-12:45pm
WHERE: Room 192, Dirksen Senate Office Building
1st and Constitution Ave, NE, Washington, DC

David Hartquist will testify on behalf of the China Currency Coalition ("CCC"). His testimony will demonstrate the CCC’s position that, as the result of manipulative policies by the Chinese government, China’s currency is substantially undervalued and that this undervaluation is generating dangerous and increasingly damaging economic imbalances for the United States, for the global community, and for China itself. He will testify how this undervaluation violates the legal obligations that China has assumed at the World Trade Organization and the International Monetary Fund ("IMF").

David Hartquist serves as Chairman of the firm's International Trade Practice Group. He also is the Managing Partner of the firm's economic consulting subsidiary, Georgetown Economic Services. He concentrates his practice in international trade law, and represents clients before the White House, numerous Executive Branch departments and agencies, regulatory agencies, and the Congress.

Mike Coursey will testify on how Chinese exploitation of a legal loophole has eviscerated the protection of the antidumping law for U.S. agricultural producers. Mr. Coursey will describe how Chinese "new shippers" are dumping huge amounts of agricultural products, such as fresh garlic, honey, canned mushrooms and fresh crawfish tail meat, while avoiding the payment of hundreds of millions of dollars in assessed dumping duties, despite the fact that these imports have long been covered by active antidumping duty orders. Mr. Coursey will explain how this loophole was added by mistake to the antidumping law in 1995, and how the loophole could be closed by legislation that passed the Senate but not the House in the last Congress.

Michael Coursey is a Member of the firm, and practices within its International Trade Practice Group. He represents many U.S. agricultural industries on a wide range of international trade matters before the U.S. Trade Representative, the U.S. Commerce Department, the U.S. International Trade Commission, and Congress. Previously, Mr. Coursey served at Commerce during the second term of the Reagan Administration as Deputy Assistant Secretary for Antidumping and Countervailing Duty Investigations.

About Kelley Drye

Kelley Drye's Washington, DC office solves competitive problems for Fortune 500 companies, privately held corporations, government entities, and trade associations in the US and abroad. The firm has over 100 attorneys and professionals practicing in the following areas: Advertising and Marketing, Antitrust and Competition, Technology, Environmental, Government Relations and Public Policy, Intellectual Property, International Trade, Litigation, and Trade Associations.