May 16th, 1967

On this day in 1967, President Johnson made a statement on the General Agreement reached in the Kennedy Round Trade Negotiations at Geneva.

“General agreement has been reached on all the major issues in the trade negotiations. The way is now clear for the conclusion of a final agreement covering billions of dollars worth of trade among more than 50 countries.

“I hope that the final action will meet the standards underlying the Trade Expansion Act of 1962, namely, to stimulate economic growth at home, to strengthen economic relations with the free world, and to reinforce our strength and vitality in the cause of freedom.”