ABSTRACT

This conclusion presents some closing thoughts discussed in the preceding chapters of this book. The book analyzes the participation of the European Economic Community (EEC) in the Kennedy Round. Its central argument is that these negotiations marked the emergence of the EEC as a world trading power, enshrined its international trade policy, and shaped its stance in world trade. It focuses on EEC's trade policymaking. Internal conflicts prevented the EEC from being able to move the talks ahead, a task that remained the responsibility of Washington. By contrast, Washington also considered the impact that failure or success could have on the world trading regime, the General Agreement on Tariffs and Trade (GATT) and the transatlantic alliance. It was to multilateral framework of GATT that the Eisenhower and then Kennedy administrations looked to reduce EEC discrimination. Throughout the GATT/World Trade Organization (WTO) rounds attended by the EEC/EU, the two actors continued to quarrel over the boundaries of their respective authority.