Word: gattes
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...paralysis afflicting the current Uruguay Round of the General Agreement on Tariffs and Trade (GATT), the most ambitious of the eight rounds since the talks began in 1947, may be a sign of the Clinton administration's ambivalence toward free trade. The unwillingness of the United States to commit itself to the multilateral trade talks, its labyrinthine administrative procedures and its inefficient mechanisms for gaining consensus all contribute to the need for a drastic overhaul of the system. Regional alternatives to the multilateral negotiations such as the North American Free Trade Agreement and the European Community are being presented...
...GATT really necessary? Its primary function is to serve as a vehicle for the resolution of international trade disputes and to draft an accord which would appease the 109 contracting parties. The current round also seeks to formulate international rules governing trade in services, trade-related investment measures and trade-related intellectual property rights...
...political wheeler-dealer who was Bill Clinton's surprise choice to be U.S. Trade Representative, Kantor had little experience in the acronymic arcana of GATT and NAFTA and other trade agreements. Yet he has proved a remarkably quick study, in the manner of a crack litigator mastering a complex brief. He is, by training and nature, an aggressive lawyer and lobbyist. Kantor sees himself not as a peacemaker but as a warrior who, as he puts it, "hates to lose." (Those who beat him at tennis have learned to watch out for his flying racquet.) He has represented migrant farmworkers...
...Upcoming issues: GATT and NAFTA. We'll sign them, but those are Bush's. Don't do a thing for us. Let the old man take a bow--then get back to our game plan...
...March 2? If not, he could ask for and probably get an extension of negotiating authority -- but that would risk losing so much momentum that opponents of the treaty might mobilize and prevent it from ever going into effect. The same is true in spades for the GATT talks, which already have dragged on for six years; many experts believe it is now or never. The fundamental problem is that freer trade will wipe out tens of thousands of jobs in noncompetitive U.S. industries like apparel and glassware -- but pushing too hard to protect U.S. interests could torpedo agreements that...