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12768-5 [i] (1967)

handle is hein.usccsset/usconset21620 and id is 1 raw text is: 90TH CONGRESS HOUSE OF REPRESENTATIVES I DOCUMENT 1st Session No. 184 GENERAL AGREEMENT ON TARIFFS AND TRADE MESSAGE FSOM THE PRESIDENT OF THE UNITED STATES TRANSMITTING THE MULTILATERAL TRADE AGREEMENT. SIGNED IN GENEVA ON JUNE 30, 1967 NOVEMBER 27, 1967.-Referred to the Committee on Ways and Means and ordered to be printed, with accompanying papers To the Congress of the United States: I am pleased to transmit to the Congress, pursuant to Section 226 of the Trade Expansion Act of 1962, a copy of the multilateral trade agreement signed in Geneva on June 30,1967. The agreement brings to a successful conclusion what we all know as the Kennedy Round of trade negotiations. It fulfills the purposes and high hopes of the Trade Expansion Act passed by the Congress in 1962. The documents contain a mass of detail. On paper those details appear dry and technical. In reality they represent new factories, more jobs, lower prices to consumers, and higher incomes for American workers and for our trading partners throughout the' world. These decisions recorded in these documents rest on solid experience. The remarkable post-war expansion of international trade brought strength and growth to the free world economy. It enriched the lives of people everywhere-and thus it served the cause of peace. We and our trading partners had an enormous stake in the further removal of trade barriers. Trade expansion would continue to benefit us all- the more so because of our growing prosperity. Protectionism and 86-870 0-67

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