Bill Clinton: “Good morning. Today we have moved one step closer toward gaining broad bipartisan support for GATT. I'm pleased to…”

“Good morning. Today we have moved one step closer toward gaining broad bipartisan support for GATT. I'm pleased to announce that an understanding has been reached with Senator Dole to reaffirm our United States sovereignty and to make sure that the reaffirmation will be protected in the GATT process. That means that the WTO will be accountable and fair and will meet our expectations. The Uruguay round is the largest, most comprehensive trade agreement in world history. It creates hundreds of thousands of high-paying American jobs. It slashes tariffs on manufactured and agricultural goods. It protects intellectual property. It's the largest international tax cut in history. Most importantly, this agreement requires all trading nations to play by the same rules. And since the United States has the most productive and competitive economy in the world, that is good news for our workers and our future. For the past 50 years, our country has led the world to create a more open and a more prosperous trading economy. A bipartisan vote in support of the Uruguay round next week will ensure that we will lead the world for decades to come. I want to express my deep thanks to Senator Dole, to Senator Packwood, Senator Moynihan, who are here, and ask them to speak. I thank Ambassador Kantor for his heroic work in this endeavor and the Secretary of the Treasury, Secretary of State for what they have done.…”