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International Affairs: Progress in GATT Negotiations

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Report Type Reports and Testimonies
Report Date July 31, 1992
Report No. GGD-92-6R
Subject
Summary:

GAO provided information on the progress of agricultural trade negotiations under the General Agreement on Tariffs and Trade (GATT). GAO found that: (1) although the GATT parties accepted the proposed GATT agreement as the basis for further negotiations, they were unable to reach final agreement by April 1992, as planned; (2) the GATT parties agreed to proceed with negotiations that included submitting detailed reduction commitment schedules; (3) the European Community's (EC) member states have been negotiating among themselves to reform the EC Common Agriculture Policy; and (4) a final GATT agreement will depend primarily on resolving the outstanding political differences between the United States, as well as other supporters of the proposed agreement, and EC, over agriculture.

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