Word: gattes
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...foreigners, and foreign visitors total 2 million a year.) Quite aside from the new arms- control conference, there has been a U.N. disarmament conference more or less permanently in session since 1962. Geneva is not only the European headquarters for the U.N. but world headquarters for ILO, WHO, GATT, UNCTAD and the World Intellectual Property Organization.* Also the International Commission of Jurists, the World Meteorological Association and the International Civil Aviation Organization. Not to mention less official institutions such as the World Scout Bureau, the World Council of Churches and the International Council of Osteopaths. Plus foreign business offices beyond...
...Tumlir, the chief economist for the General Agreement on Tariffs and Trade (GATT), maintained that protectionism remains one of the most pressing problems facing the international economy. Tumlir pointed out that 48% of world trade is now hindered in some form or other and said that freer world commerce was the foundation for sustained growth. In recent weeks, however, trade frictions have been increasing. Angered by U.S. restrictions on specialty-steel imports, the European Community retaliated two weeks ago by slapping curbs on a variety of American-made products, including chemicals and sporting goods. The Common Market action, to take...
...Administration may have to find a way to reopen the door to negotiations on autos quickly so that it can keep the protectionists at bay. One wedge may the issue of agricultural quotas. The U.S. trade representative's office announced last week that it was complaining to GATT (General Agreement on Tariffs and Trade) in Geneva about Tokyo's excessive import restrictions on U.S. agriculture. That may have moved Uno into a kind...
...Tumlir, Geneva-based chief economist for the General Agreement on Tariffs and Trade (GATT), warned that even when the recovery begins, it will not be like those of the past. Said Tumlir: "Some people talk as if this recovery were going to save us all or that we are returning to the 1960s, when straight-line, fairly steep growth paths seemed to be stretching from here to eternity. But this expansion is really just a cyclical one. None of us is willing to argue that it is going to last more than three years...
...Japanese that they would restrain exports of autos, light trucks, quartz watches, hi-fi equipment, computer-controlled machine tools and television tubes. Japan also agreed to put a 1.68 million ceiling on its auto shipments to the U.S. for the third straight year. The Geneva-based trade organization GATT (General Agreement on Tariffs and Trade) estimates that roughly half of world commerce is affected by some form of government intervention, up from...