Word: accords
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...test each other's sincerity, and perhaps the confidence built up over the trial period will make a final settlement easier. But it will still be enormously difficult for both Prime Minister Yitzhak Rabin and P.L.O. Chairman Yasser Arafat to deliver on their opposing promises of what a peace accord will look like...
Negotiators in Geneva have devised a new accord, backed by Serbia and Croatia, to end the fighting in Bosnia. Bosnian Serbs rejected the Vance-Owen peace plan last May, but are more enthusiastic about the new scheme, which would create a demilitarized union of ethnic zones guaranteed by the presence of U.N. troops. Bosnian Muslims remain reluctant to endorse a partition that allows Serbs to hold onto substantial territories taken by aggression. Mediators have given the opposing sides just 10 days to accept or reject this latest initiative...
...political consultant Paul Begala was on Capitol Hill urging key Democrats to put off consideration of NAFTA until after they begin to debate the Clinton health-care package. That process could take months following the bill's planned introduction in late September. Such a delay could scuttle the trade accord...
...other Democrats have long been leery of NAFTA, a Republican legacy they say the Bush Administration whipped up as a way to help businesses compete at home and abroad -- and to help the G.O.P. in key electoral states such as Texas and California. Candidate Clinton's criticism of the accord drew loud applause from labor and environmentalists. As President, Clinton has kept his distance from NAFTA, despite his private acknowledgment that enactment will give a long-term boost to the economies of both the U.S. and its neighbors. While the proposed delay may simply be a way to win Clinton...
...economic integration. NAFTA also has the potential to help rouse the global economy from its present malaise. The consumer benefits from unhampered global trade are enormous. Even green groups stand to profit. The $130 billion a-year environmental clean up industry stands to benefit from the ratification of the accord...