[Congressional Record Volume 140, Number 40 (Thursday, April 14, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: April 14, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
               SIGNING OF URUGUAY ROUND TRADE AGREEMENTS

  The SPEAKER pro tempore. Under a previous order of the House, the 
gentleman from Illinois [Mr. Rostenkowski] is recognized for 5 minutes.
  Mr. ROSTENKOWSKI. Mr. Speaker, 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.

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