Political Quotes

“Tomorrow in Marrakesh, Morocco, the United States and 124 other nations will sign the Uruguay round trade agreements. This historic trade pact was concluded last December after 7 long years of multilateral negotiations under the GATT. I congratulate President Clinton and the administration for their efforts in successfully concluding the Uruguay round. Our trade negotiators were generally able to achieve U.S. objectives at the bargaining table. These include improved market access for U.S. industrial and agricultural exports; new rules for areas such as services and intellectual property rights; and an improved process for resolving trade disputes. The economic impact from the Uruguay round will be highly beneficial for the U.S. economy, including a significant increase in U.S. income, exports, and employment. Mr. Speaker, the Uruguay round has been a bipartisan effort from the outset. I look forward to working with the administration and my colleagues on both sides of the aisle in passing this year, legislation to implement the trade agreements to be signed in Marrakesh tomorrow.”