Word: williamsburgs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Economic Concerns. Clearly mindful of the forthcoming annual Western Economic Summit to be held in Williamsburg, Va., later this month, the participants called for greater coordination of Western economic policies in order to avoid what U.S. Special Trade Representative William Brock aptly described as "international dyslexia, where we have a disconnect of various components of policy." The West, said Brock, must act to "reduce barriers to trade and reinforce growth. That requires a substantial improvement of communication and coordination of policy." Achieving that will be difficult, yet if the allies fail to do so, Hormats pointed out, "the deterioration...
...once again considering a tightening of the screws on East-West trade in the ideological war between Washington and Moscow. They fear that the use of the trade weapon may turn up on the agenda of next month's summit meeting of the seven leading industrial nations at Williamsburg, Va.* Kohl's delicate diplomatic mission was intended to head off that possibility. If the idea of punitive trade restrictions were to arise at Williamsburg, it could touch off a row within the NATO alliance as serious as the one that exploded last summer over U.S. attempts to block...
...Chancellor made much the same point over separate dinner sessions with Secretary of State George Shultz and Defense Secretary Caspar Weinberger. Among other things, Kohl stressed that the upcoming summit should deal with more global issues, such as high international interest rates and the dangers of protectionism. Said Kohl: "Williamsburg can be both a realistic summit and a signal of optimism to the world...
Whatever happens at Williamsburg, the U.S. is undoubtedly going to continue to look askance at the volume and substance of East-West trade. A focus for that critical view is the NATO alliance's Coordinating Committee on Export Controls, or COCOM, a body created in 1950 to monitor and restrict the flow of strategic Western industrial goods to the Warsaw Pact nations. It is virtually powerless today. Complains a senior Reagan Administration official: "COCOM is nothing but a junior Italian official and ten clerks...
...sooner, perhaps in early June. Waiting any longer would create great uncertainty in world money markets and not allow time for a smooth transition in case Volcker does not stay. On the other hand, Wall Streeters believe Reagan is unlikely to move before the late-May meeting in Williamsburg, Va., of the leaders of the seven leading industrial powers...