The Kennedy round was the sixth session of GATT trade negotiations held in 1964-1967 in Geneva, Switzerland. Participation greatly increased over previous rounds, representatives of 66 nations attended the opening ceremony on May 4, 1964. It concluded June 30, 1967. The round was named after American President John Fitzgerald Kennedy who died the year before. General Agreement on Tariffs and Trade (usually abbreviated GATT) functions as the foundation of the WTO trading system, and remains in force, although the 1995 Agreement contains an updated version of it to replace the original 1947 one. ... Coat of arms of the Canton of Geneva Coat of arms of the City of Geneva Geneva (French: Genève, German: Genf, Italian: Ginevra, Romansh Genevra, Spanish: Ginebra) is the second-most populous city in Switzerland (after Zurich), located where Lake Geneva (French: Lac de Genève or Lac L... May 4 is the 124th day of the year in the Gregorian calendar (125th in leap years). ... Jump to: navigation, search 1964 was a leap year starting on Wednesday (link will take you to calendar). ... June 30 is the 181st day of the year (182nd in leap years) in the Gregorian Calendar, with 184 days remaining, and the last day of June. ... JFK redirects here. ...
The passage of the US Trade Expansion Act in 1962 authorized reduction of American tariffs of up to 50%, allowing more substantial negotiation. This round was the first to move beyond tariffs and include issues such as anti-dumping. The Trade Expansion Act of 1962 authorized tariff cuts of 50% with the European Common Market. ... Jump to: navigation, search In economics, dumping can refer to any kind of predatory pricing. ...
Kennedy was well-known by Washington newspaper correspondents to have a "greenish complexion" after the war [12d].
Kennedy's Addisonism was diagnosed in 1947 by a physician in London.
Kennedy's close friend, Senator George Smathers, once remarked "He has the most active libido of any man I have ever known," and a fellow congressman observed that "traveling with him was like traveling with a bull" [17b].
Kennedy's move represented a means to influence the evolution of the EEC towards more liberal trade and symbolized the culmination of multilateralism.
The United States entered the Round convinced of being able to obtain what it looked for from its allies since it was the biggest partner of the Atlantic alliance: the fact of being the most powerful country was considered a sufficient element of leverage to be use in the Round.
In the KennedyRound the Six understood that to successfully bargain with the United States they needed to speak with a single voice and to have their interests defended by the EEC.
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