P.M. BRIEFING : EC Rejects U.S. Farm Trade Plan
The European Community today rejected a newly proposed U.S. plan for farm trade reform, saying it was a backward step aimed at eliminating the EC’s Common Agricultural Policy.
“Such an approach cannot be shared by the community, which thereby considers that the American proposal is not an adequate basis for negotiations,” the EC delegation at world trade talks said in a statement.
The 12-nation community was commenting on a comprehensive U.S. proposal that called for elimination of farm export subsidies in five years, and substantial cuts in barriers to free farm trade over 10 years.
The United States presented the plan at a session of a negotiating group on agriculture at the 105-nation Uruguay Round of world trade talks being conducted under the auspices of the General Agreement on Tariffs and Trade.
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