BY BAG
UNCLASSIFIED
FROM UTMIS GENEVA
SAVINGE
SAVING TELEGRAM
AKE 121/616!
22 A
о
SAVING.
To FCO telno 94 of 13 December 1977. Rpt for info/to UKREP Brussels, UKDEL OECD: Washington and Tokyo,
[NEUTRAL]
GATT:
33RD SESSION OF CONTRACTING PARTIES. 29-20 NOVEMBER 1977
422
Summary
rising
1. The business of the Session was finished off in a day and a half under the Chairmanship of Maciel (Brazil). The first helf day was mainly devoted to the usual discussion of matters on the Report of the Council Almost nothing new, was. or could be. said; but there were noteworthy interventions on anti-dumping practices (with special reference to steel). DISC. export inflation insurance schemes and textiles. Speakers in the general debate, for the most part took as their main themes on the one hand the prolonged economic recession and the spread and dangers of protec- tionist actions; on the other the need to bring the MTNs to an early, substantial and successful conclusion. The oil-importing developing countries expressed dire forebodings as to the con- sequences for them of a persistence of the present inflation- recession-unemployment-protection syndrome.
Community Co-ordination
2.
It was
A co-ordination meeting held prior to the Session agreed the text of a statement to be delivered by Dugimont (Commission. Geneva) for the Community in the general debate (copy to DOT). agreed that for the rest the Community could adopt a largely watch- ing posture but that the Commission would intervene on US anti- dumping practices. DISC and the US agricultural waiver.
Report of the Council (L/1594)
3. The following items were discussed:
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Item 1: Anti-Dumping Practices
Japan, followed by the Community expressed their concern. over resort to anti-dumping measures for protectionist purposes. particularly in the steel sector. Dugimont streased that anti- dumping measures alone could not provide an appropriate solutior to the problems of this sector and if applied in a manner incon- sistent with the Anti-Dumping Code would have repercussions on negotiations on new codes in other fields. The US recalled that in the Anti-Cumping Committee they had maintained that they were in substantial compliance with the Code: if need be the matter could be reviewed again in the Anti-Dumping Committee
/Item 5
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