UN General Assembly
1986

In our view, under the present circumstances, the system of the General Agreement on Tariffs and Trade (GATT) remains the most appropriate framework to cope with the severe bottlenecks in world trade. In that respect, our primary task in the upcoming negotiations should be to restore the credibility and authority of GATT in order to open up the main centers of world markets to the goods of both developing and developed countries. We hope these negotiations will help develop a more open, viable and durable multilateral trading system which will promote growth and stability in the world economy.