It paved the way for the Kennedy Round of General Agreement on Tariffs and Trade (GATT) negotiations, concluding on June 30, 1967, the last day before expiration of the Act.
它為關稅及貿易總協定「甘迺迪回合」貿易談判鋪平了道路，其於1967年6月30日，即法案到期前的最後一天結束。