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July 11, 2014, Law360
Al Larson is quoted regarding the U.S.-China Bilateral investment pact.
"Laying down a starting point for the exchange of market access offers on investment between two of the globe's largest economies sends a strong message to investors that have been dissatisfied with the lack of access in China ever since the country acceded to the World Trade Organization in 2001, according to Covington & Burling LLP senior international policy adviser Alan P. Larson."
“I think the announcement that is being made is a signal to companies that are interested that this is really happening and the time line that is contemplated is a rather ambitious one,” Larson said. “To the extent that companies and industries have objectives in China, they want to make sure that these objectives can be advanced.”