Word: pacts
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Dates: during 1960-1969
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Under the arrangement, Mexico got 437 acres of El Chamizal and the U.S. kept 193. The pact also requires the building of a new river channel and three bridges across the Rio Grande, with Mexico sharing the costs. Meantime, Congress allocated $44.9 million for the relocation and compensation of the 5,600 residents and property owners of the area. Now that the Mexicans have El Chamizal, mostly a thicket of slums, the question is: What will they do with it? So far, they have not said...
Five months ago, after the U.S. and 52 other nations concluded the Kennedy Round and agreed on wide-ranging tariff cuts, the pact was hailed as a historic step forward in world trade. Yet last week the U.S. verged on a backward march. Pending in the Senate were seven bills-the central one pompously called "the Orderly Trade Act of 1967"-that would establish stricter quotas on imports ranging from steel to strawberries, from textiles to goat meat. If enacted, the bills would set limits on $12 billion worth, or 50%, of total U.S. imports. Liberalized-trade advocates compared...
...treaty must still be reduced to final form, approved again by the Geneva delegates, then submitted to all 79 Paris pact signatories for ratification. If all goes according to plan, predicts Director Georg Bodenhausen of the International Bureau, the new setup may be in force by 1970. Though some large corporations "view a novelty such as patent cooperation with due suspicion," he says, "I am absolutely certain they will be delighted once it gets off the ground...
...National Association of Manufacturers is already cheering. "We were afraid that this scheme would sell us down the river," says Vice President Reynold Bennett. "But the treaty looks all right." Though the pact stops short of creating an international patent, it is a step in that direction. And for U.S. inventors who file nearly 100,000 patent applications a year in Washington, it promises some fast benefits. Without its load of foreign applications, the U.S. Patent Office figures it can cut its search time to 18 months...
...troops that now prop up Yemen's Leftist Premier Abdullah Sallal, Feisal will stop sending arms to Sallal's tough Royalist enemies, and three neutral Arab states will send in observers to make sure that no one cheats. If carried out as promised, that pact would almost certainly result in the fall of Sallal, and the Yemen Premier immediately let out a loud complaint. Big Brother, he wailed, had betrayed him. But Nasser had no other choice. So desperately close to ruin has the Israeli war left Egypt that he simply cannot afford the expense of keeping troops...