Page:United States Statutes at Large Volume 104 Part 5.djvu/379

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3701 (1) obtain a reform of global agricultural trade and an elimination of the policies and practices that distort agricultural trade; and (2) to reach an agreement that— (A) provides United States farmers and agricultural community with the opportunity to compete fairly in international markets; (B) permits United States farmers to have a safety net to protect them against market instability; (C) assures consumers of an adequate supply of high quality food and fiber at reasonable prices, both now and in the future; and (D) assures that humanitarian food needs are met. (b) CoNDucT OF NEGOTIATIONS. — It is the sense of the Senate that, in conducting the agricultural trade negotiations in the Uruguay Round of Multilateral Trade Negotiations and in meeting the principal negotiating objectives contained in section 1101(b) of the Omnibus Trade and Competitiveness Act of 1988 and in this section, the United States should— (1) ensure that any agreement— (A) is beneficial to United States agricultural producers and businesses; (B) does not leave an individual commodity vulnerable to unfair treatment or increased barriers and that the various sectors of United States agriculture receive equitable and fair treatment; (C) permits countries to provide income support and stability from the vagaries of the market directly or indirectly through self-help efforts; (D) provides a period of adjustment in cases where the reduction or elimination of trade barriers or subsidies would cause industry adjustment and resource reallocation; and (E) does not sacrifice the interests of the agricultural sector for other sectors of the United States economy; (2) seek the immediate elimination of all export subsidies that are conditioned on the export of agricultural commodities and products, except bona fide food aid; (3) not enter into any self-executing agreement that would unduly restrict the authority of the United States to provide for the stabilization of its agricultural economy; (4) not enter into any agreement that would have the effect of repealing or materially interfering with any existing legal authority designed to promote or protect any domestic agricultural program, the purpose of which is to stabilize prices, or > eliminate any existing waiver granted to the United States under the General Agreement on Tariffs and Trade permitting the imposition of quantitative limitations on the entry of commodities into the United States unless the agreement meets the objectives described in this section; and (5) ensure that any proAdsion for special and differential treatment for developing countries contains guidelines and limitations providing for the phasing out of such treatment as such countries become more competitive.

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