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GGD-92-6R 1 (1992-07-31)

handle is hein.gao/gaobackck0001 and id is 1 raw text is: GAo United States General Accounting Ofce Washington. D.C. 20548 General Government Division 8-230527 July 31, 1992 The Honorable Patrick Leahy Chairman, Committee on Agriculture, Nutrition, and Forestry United States Senate The Honorable E (Kika) de la Garza Chairman, Committee on Agriculture House of Representatives As you requested, we have been monitoring the agricultural trade negotiations under the Uruguay Round of the General Agreement on Tariffs and Trade (GATT).' The purpose of this letter is to provide a progress report on the current status of negotiations. Specifically, we have focused on (1) the U.S. and its key competitors' reactions to the proposal presented by the GATT's Director General, (2) problems identified with countries' commitment schedules to reduce their support for agriculture, and (3) the status of the European Community's (EC) reform of its Common-Agricultural Policy (CAP). We have also provided an outline of the Director General's proposal and the revised CAP in the enclosures. Press reports varied as to whether the United States and its major trading partners made progress at the Group of Seven (G-7)2 summit meeting in early July in resolving their differences in the Uruguay Round negotiations. This letter helps explain the nature of those differences. 'See our two earlier reports, Agricultural Trade Negotiations: Initial Phase of the Uruguay Round (GAO/NSIAD-88-144BR, May 5, 1988), and Agricultural Trade Negotiations: Stalemate in the Uruguay Round (GAO/NSIAD- 91-129, Feb. 1, 1991). 2The G-7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. GAO/GGD-92-6R Progress in GATT Negotiations 65

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