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Time - Man of the Year
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1993-04-08
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764b
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22 lines
THE WEEK, Page 13NATIONEt Cetera
NO CIGAR
For a few days, it looked as if the on-again-off-again
negotiations for a worldwide trade accord, as part of the
Uruguay Round of GATT talks, were finally coming to an end.
High-level U.S. and E.C. leaders were said to be ever so close
to signing an agreement. They weren't close enough. At the last
minute the talks foundered on the same sensitive issue that has
persistently stymied negotiators: farm subsidies. Unless France
reverses its rigid opposition to European concessions, it
appears that a trade pact, if one is ever signed, will come too
late to bolster George Bush's election prospects.