The ministry has close ties to the domestic accounting industry, which would lose out if foreign standards (and firms) won preference.
ECONOMIST: Big-five audits are no longer the standard to aspire to
However, the SEC's push for convergence of U.S. and foreign standards, as indicated by Tuesday's meeting, shows that the agency is at last getting serious about accounting reform.
"In technology China has come from a position of follower, adopting foreign standards on which it has to pay royalties, " said Mark Natkin, director of Marbridge, a technology consulting firm in Beijing.
The new law will force banks to conform to new capital standards, and the FDIC and other regulators are working with foreign regulators to coordinate standards.
FORBES: Sheila Bair: Now the Real Work on Financial Reg Reform Begins
This initiative will involve foreign governments establishing regulatory standards applicable to all banks.
Many Japanese artists catered for these simplistic foreign tastes, and standards dropped accordingly.
This is why she often gets help from government programmes that can offer insights into foreign laws and importing standards, like Susta.
American regulators are trying to enforce stringent standards for foreign factories.
Booming industries such as computing and telecoms are vulnerable, notably through standards that handicap foreign firms.
Though this might appear to be a substantial reduction, it remains high by international standards and deters foreign firms from participating in the market.
Republicans and industry groups say the standards could allow foreign countries to challenge U.S. labor laws, but Rangel says he is committed to not letting this happen.
This same month, news broke that Royal Dutch Shell, along with the Panalpina Group, which has 14, 000 employees in more than 80 countries, face multimillion dollar fines in a case that could set new standards for overseeing foreign contractors.
Ms Zuniga says many of the challenges for Magic Seasonings involve foreign regulations on labelling and food standards.
Last year, food prices also increased exceptionally rapidly by recent standards, and the foreign exchange value of the dollar weakened.
And in some ways, by many other measures, it's one of the most important accomplishments of this administration, which is that we can significantly reduce our reliance on foreign oil because of those increased standards.
WHITEHOUSE: Press Briefing by Deputy Press Secretary Josh Earnest
Their foreign operations must comply with the same standards, even if doing so conflicts with local laws.
Everyone in Europe is questioning the double standards and the unjust US foreign policy imposed on poor and vulnerable countries.
Universities Minister David Willetts has warned universities not to sacrifice standards in the hunt for foreign students and the fees they pay.
BBC: Willetts warns universities over foreign student grades
For example, the federal government has cast a pall over Google and raided Gibson Guitar over ambiguous legal standards and an unclear, foreign law.
Xinhua news agency, China Daily, Global Times and other state mouthpieces see Apple boss Tim Cook's apology for any misunderstandings that had led to the perception that Apple's attitude was arrogant in its dealings with Chinese consumers as better late than never and call for an end to "double standards" and privileges for foreign companies in China.
At the same time, new competition from foreign fast foods forced him to raise his standards.
Wages and living standards are rising, the last foreign debt is about to be repaid, and most exchange controls have been abolished.
ECONOMIST: A few things the West should tell Mr Putin, when it has his ear
Democrats want the agreements to include international labor standards to prevent the exploitation of foreign workers, thereby leveling the playing field for competing U.S. workers.
The fact that 70 percent of the cars made each year in China are made with foreign technology makes implementation and enforcement of emissions standards for passenger cars less problematic.
But SEC enforcement chief Linda Thomsen says it's important to send a "strong message that officers of U.S.-filing foreign corporations will be held to the same standards of accountability" as U.S. execs.
They might attach strings to a fast-track deal that Mr Bush will find difficult to accept, such as generous compensation for workers displaced by foreign competition, or the enforcement of labour standards in America's bilateral agreements.
ECONOMIST: It is make-or-break time this spring for global trade talks
And after decades in which we have done little to increase the efficiency of cars and trucks, we've raised fuel economy standards to reduce our dependence on foreign oil while helping folks save money at the pump.
There are plenty of ways to use foreign law appropriately -- most obviously in comparing standards for implementation in the case of treaties.
The Senate Judiciary Committee held hearings last month on legislation that would deter libel tourists by barring enforcement of foreign libel judgments that violate U.S. standards.
应用推荐