TRADE

Bush, Major Call for Global Trade Pact by Mid-January: President Bush and British Prime Minister John Major said they want a mid-January conclusion to the 6-year-old Uruguay Round of world trade negotiations. GATT chief Arthur Dunkel said the negotiations have been moving forward, while the European Community’s top trade negotiator, Hugo Paeman, said Brussels believes that the talks could be completed “in the first weeks of next year” with “a global and balanced outcome.” The new sounds of optimism contrasted with earlier signs that the talks were bogged down, partly because of a dispute between the United States and the EC over ending farm subsidies.