By  on June 19, 2008

WASHINGTON — The U.S. and China signed a 10-year framework to cooperate on energy and the environment and launched negotiations on a bilateral investment treaty at the close of the Strategic Economic Dialogue here on Wednesday. But no specific agreements were reached on the key issues of currency policy or intellectual property rights.

During the two days of meetings, part of a series of high-level economic and trade talks between the world powers, the U.S. and China resolved to begin talks on an investment treaty that would extend legal protections to U.S. companies looking to invest in China. The agreement comes after 17 months of exploratory conversations. U.S. officials said it was unlikely that the discussions would be resolved in less than a year.

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