ABSTRACT
This chapter focuses on sectors that were most important in terms of trade volume and relations or that reveal a critical aspect of the European Economic Community (EEC) trade policymaking. It focuses on machinery and transport equipment, chemicals, aluminium, paper, and cotton textiles related to trade. To know about EEC members stances in the Kennedy Round, the EEC's trade patterns are considered with the United States, its main negotiating partner. On 16 November 1964, exceptions lists for nonagricultural products were exchanged between the United States, the EEC, the United Kingdom, Japan, and Finland. The exceptions rule permitted the EEC and the other General Agreement on Tariffs and Trade (GATT) members to shield the most sensitive sectors from linear cuts, allowing the pursuit of the neomercantilism that characterized the EEC's commercial policies. European Free Trade Association (EFTA) and the US markets were of particular significance for Germany; these two markets combined took more German exports than did the EEC.
