Geneva Trade Talks End
(N Z P.A.-Reuter —Copyright) I GENEVA, March 1. I The world’s major trading nations have postponed a! decision on whether to open: a new round of trade! liberalisation talks next year. The General Agreement on Tariffs and Trade, of„ which 72 nations are members, ended, its two-week session [without making any committment to 1971 negotiations, as! I proposed by the Director-! General of G.A.T.T. (Mr Oliver Long). ! A report approved by the! | session, however, recom-l I mended that preparatory) [work preceding possible! [negotiations should be com- ! pleted by the end of this year, I Iso that a decision could be! [taken at the next session, ini 1971. The report included no firm commitment on a standstill in non-tariff barriers by! I G.A.T.T. members, as sug-| Igested by Mr Long, merely! [recognising that such a) [standstill would create a [favourable point of departure [for future action.
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Press, Volume CIX, Issue 32235, 2 March 1970, Page 13
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149Geneva Trade Talks End Press, Volume CIX, Issue 32235, 2 March 1970, Page 13
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