16 NOVEMBER SIG-IEP MEETING ON THE GATT MINISTERIAL AND EAST-WEST ECONOMIC POLICY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83M00914R000600030031-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 19, 2016
• Document Release Date: February 20, 2007
• Sequence Number: 31
• Publication Date: November 16, 1982
• Content Type: MEMO

Approved For Release 2007/02/20: CIA-RDP83M00914R000600030031-3
National Intelligence Council
MEMORANDUM FOR THE RECORD
NIC #9288-82
16 November 1982
SUBJECT: 16 November SIG-IEP Meeting on the GATT Ministerial and
East-West Economic Policy
1. and I attended the SIG-IEP session, which was chaired 25X1
by Secretary Regan. Ambassador Brock presented a dismal picture of the
status of preparations for the GATT Ministerial meeting. So far there has
been little or no progress on any of the important current issues. There
is a deadlock with the European Community on safeguards. The French refuse
to give the EC a negotiating mandate on agriculture. There is virtually no
progress on investment issues. The Europeans support us on adding issues
concerning services to the GATT agenda but key LDCs, especially Brazil,
remain opposed. There is a possibility that some progress can be made on
high technology areas and on North-South.
2. The strong possibility that the GATT meeting will be generally
perceived as a failure, coupled with the likelihood of a US trade deficit
of the order of $85 billion next year, are bound to give a great deal of
ammunition to the already strong protectionist pressures in the US
Congress.
3. Under Secretary of State for Economic Affairs Wallis reported on
the "agreement" with the Allies on lifting sanctions and Secretary Shultz'
"non-paper." Following what appeared to be agreement on the text of the
non-paper, although not on its release, the Allies were briefed on which
sanctions the US expected to remove--all of those introduced in both June
and December. They were told that the President intended to make an
announcement to the press on Saturday and were asked their concurrence or
comments. On Saturday morning, all countries except France concurred.
Wallis called Attali, who promised to call back. He did so, and replied
that he still wanted to change some words on the agreement. Although it
was too late to do this, the President tried to cover this point in his
press statement by making reference to "substantial" agreement. The French
probably will eventually agree, now that they have formally disassociated
themselves from any "deal" involving the lifting of US sanctions.
 Approved For Release 2007/02/20: CIA-RDP83M00914R000600030031-3
NIC #9288-82
16 November 1982
SUBJECT: 16 November SIG-IEP Meeting on the GATT Ministerial and
East West Economic Policy
DCI/NIC/NI0/Econ 6 Nov 82) R-1584
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