• Short Summary

    WITH THE OPENING IN GENEVA OF THE "KENNEDY ROUND" TARIFF-CUTTING TALKS, THE MOST IMPORTANT TRADE NEGOTIATIONS SINCE BRITAIN'S FAILURE TO JOIN THE EUROPEAN COMMON MARKET ARE NOW UNDER WAY.

  • Description

    WITH THE OPENING IN GENEVA OF THE "KENNEDY ROUND" TARIFF-CUTTING TALKS, THE MOST IMPORTANT TRADE NEGOTIATIONS SINCE BRITAIN'S FAILURE TO JOIN THE EUROPEAN COMMON MARKET ARE NOW UNDER WAY.

    DELEGATES FROM 37 MEMBER COUNTRIES ON THE GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) WHICH MET TODAY (MONDAY) INCLUDED ABOUT 20 MINISTERS; THEY WILL START THE NEGOTIATIONS WHICH MIGHT WELL LAST THREE YEARS. THE AIM IS TO WORK OUT BASIC RULES FOR REDUCING TARIFFS AND OTHER TRADE BARRIERS. THE UNITED STATES SPECIAL REPRESENTATIVES FOR A SWIFT AGREEMENT ON RULES OTHERWISE HE SAID "WE RISK SUCCESS OF THE ENTIRE TRADE NEGOTIATIONS."
    BRITAIN'S TRADE MINISTER MER EDWARD HEATH TOLD THE SESSION THAT NEGOTIATIONS WOULD PRESENT AN OPPORTUNITY FOR REDRESSING THE BALANCE BETWEEN THE INDUSTRIALISED AND DEVELOPING NATIONS. HE SAID THAT BRITAIN WAS PREPARED TO NEGOTIATE A TARIFF CUT OF 50 PER CENT.

    NEGOTIATIONS ARE EXPECTED TO BRING HARD BARGAINING BETWEEN THE VARIOUS GROUPS, PARTICULARLY OVER AGRICULTURE. THERE IS WIDE GAP BETWEEN THE U.S. AND EUROPEAN COMMON MARKET IN REGARD TO THEIR AGRICULTURAL POLICIES. THE AMERICANS HAVE OFFICIALLY STATED THAT AGREEMENT ON THIS SUBJECT IS ESSENTIAL FOR FURTHER DISCUSSION.

  • Tags

  • Data

    Film ID:
    VLVAAYS1IOBNUNQJYKV6C6761QKH4
    Media URN:
    VLVAAYS1IOBNUNQJYKV6C6761QKH4
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    04/05/1964
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:52:00
    Time in/Out:
    /
    Canister:
    N/A

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