Word: pacts
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Dates: during 1970-1979
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...added concessions made to protect some industries from tariff cuts, including steel, textiles and clothing, may hurt the effectiveness of the pact...
...international agreement to lower tariffs signed in Geneva last week, by 21 industrialized non-Communist countries represents an attempt to stimulate world trade although the effectiveness of the pact remains uncertain, trade experts said yesterday...
Raymond Vernon, Johnson Professor of International Business Government, called the pact that resulted after five years of negotiations, "a very substantial agreement, almost a landmark...
Bhagwati said the nations signed the agreement to ward off the protectionist sentiment in international trade and thereby increase productivity. The pact's effectiveness, however, will rely on trading countries' observance of its guidelines, he added...
Israel had hoped Hussein would join in the peace process that led to the Egyptian-Israeli treaty, but reportedly now believes Jordan is growing closer to the Arab states that oppose the pact...