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European Council rejects computer tariffs pact
December 10, 1996
Web posted at: 12:00 p.m. EST (1700 GMT)SINGAPORE (CNN) -- Belgian Trade Minister Philippe Maystadt said Tuesday that the European Council had rejected an agreement between European and U.S. negotiators to reduce tariffs on computers, software and computer components.
The minister said that negotiations were likely to continue, although he did not elaborate on the council's reasons for rejecting the pact. U.S. trade chief Charlene Bareshefsky and her European Union counterpart Leon Brittan may meet later Tuesday for more talks.
The two sides have been arguing over an Information Technology Agreement for months, but wanted a final pact by the end of this week's World Trade Organization ministerial meeting.
Reuters contributed to this report.
Related stories:
- Human rights issues to dominate WTO conference - December 8, 1996
- APEC leaders pledge reduced tariffs on info technology - November 25, 1996
Related sites:
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- World Trade Organization Ministerial Conference
- World Trade Organization Ministerial Conference 1996 (Government of Singapore's Web site on the conference)
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