Word: agreement
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Dates: during 1990-1999
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...ways that Bill Clinton, who arrived in Seattle smack in the middle of the chaos, positioned himself when he got there. But neither Clinton nor U.S. Trade Representative Charlene Barshefsky was able to avert what must be viewed as a disaster: the WTO representatives' failure to reach agreement on launching the "Millennial Round" of trade talks. The delegates went home empty-handed...
...meeting, led by India, Egypt and Brazil, were incensed that Clinton told the paper he wanted a working group on labor to be established within the WTO to develop "core" standards for wages, working conditions and other labor issues, and that such standards should be part of every trade agreement. Ultimately, he said, they should be enforced through trade sanctions, the WTO's ultimate weapon...
...word sanctions sent delegates from developing nations up the wall. Thailand's Minister of Commerce, Supachai Panitchpakdi, who takes over as WTO chief in 2002, warned that if Clinton insisted on the issue, developing countries could "walk away from any agreement on a new round" of talks. To them, Clinton's words were nothing but protectionism wrapped in progressivism. But that position happens to be the one taken by the AFL-CIO. Unhappy about the White House trade deal to admit China to the WTO--an agreement that labor is now better armed to fight in Congress--the unions...
...late Friday night, negotiations to get agreement on an agenda for a new round of global-trade negotiations collapsed. Exhausted WTO delegates said they would try again next year in Geneva to bridge huge differences...
Adams Co-master Sean Palfrey said last night that he will consider the masters' agreement and may join the consensus since it would not do much to change Adams' universal access policy...