UN General Assembly
1994

Though still in its infancy, the North American Free Trade Agreement has dramatically increased trade between the United States and Mexico and has produced in the United States alone an estimated 200,000 new jobs. It offers a model to nations throughout the Americas which we hope to build on. And this week I will send legislation to the Congress to implement the General Agreement on Tariffs and Trade (GATT), the largest trade agreement in all of history. GATT - and its successor, the World Trade Organization - holds the promise for all of us of increased exports, higher wages and improved living standards. In the months and years to come we will work no less to extend the reach of open markets, starting with the Asia-Pacific Economic Cooperation Council and the Summit of the Americas later this year. Here at the United Nations we must develop a concrete plan to meet the challenges of the next 50 years even as we celebrate the last 50 years. I believe we 8 should declare next year’s fiftieth anniversary not just a