International Trade:

Observations on the Uruguay Round Agreement

T-GGD-94-98: Published: Feb 22, 1994. Publicly Released: Feb 22, 1994.

Additional Materials:


Office of Public Affairs
(202) 512-4800

GAO discussed the negotiations and agreements reached during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT). GAO noted that: (1) the United States achieved many of its objectives during the Uruguay Round of GATT; (2) the agreement should promote U.S. national interests that were not previously covered by GATT including services, intellectual property rights, and agricultural trade; (3) the tariff reductions are expected to promote multilateral economic growth; (4) the lack of an agreement would have probably led to a deterioration of world trading conditions; (5) although most advisory groups are generally supportive of the agreement, they believe it will not increase access to overseas markets or protect the national textile industry; and (6) the United States will need to provide worker adjustment assistance to dislocated workers that are adversely affected by liberalized trade and monitor the implementation of the agreement to ensure that its interests are being protected and benefits are realized.

Sep 22, 2016

Sep 20, 2016

Sep 7, 2016

Aug 31, 2016

Aug 25, 2016

Aug 15, 2016

Jul 14, 2016

Jul 6, 2016

Looking for more? Browse all our products here