Pete Domenici: “this bill before us is a decisive step toward normalizing trade relations with China. Chairman Roth has characterized…”

“this bill before us is a decisive step toward normalizing trade relations with China. Chairman Roth has characterized this vote, the one we will make on this bill, as the most significant vote we will take this Congress. I agree. While we will be concerned with many more issues that seem more important to individual Senators, and certainly we will be looking after our parochial interests in our sovereign States as we work as Senators--and that is all very important--but when we look at America and what she stands for in the world as it is evolving and developing, the final vote on this measure is probably the most significant vote we will take this year and maybe in many years. Senator Roth, I repeat, said that. I agree wholeheartedly. I am quite sure the tenor of Senator Moynihan's suggestions--I have not been privileged to hear them here with the Senate--would agree with that. This is a very important issue. This is the one vote that will be heard around the world. This is the one vote which recognizes that countries must play by the same rules in a globalized market if the market is to be efficient and function properly. We hear so much talk about what is happening to the world--globalization. International trade, as part of globalization, must be efficient and effective. This is the one vote that will do a great deal to encourage democracy for one in five people living on this Earth.”