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International Trade: Impact of the Uruguay Round Agreement on the Export Enhancement Program

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Report Type Reports and Testimonies
Report Date Aug. 5, 1994
Report No. GGD-94-180BR
Subject
Summary:

Seven years of negotiations culminated recently in the "Uruguay Round" of the General Agreement on Tariffs and Trade, whose signatories agreed to discipline the use of trade-distorting practice, such as tariffs and subsidies. GAO concludes that the proposed Uruguay Round trade agreements would require that the United States reduce its agricultural export subsidies beginning in 1995, raising questions about whether the goals and objectives of the Export Enhancement Program--which is designed to pressure U.S. agricultural competitors--need to be revised. Specifically, this report identifies the (1) likely impact of the Uruguay Round on U.S. agricultural export programs and (2) proposals by industry participants and interest groups that Congress could consider for changing the Export Enhancement Program and other agricultural trade programs run by the Agriculture Department's Foreign Agricultural Service.

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