The paper makes an initial analysis of the trade policy changes that the EU will implement to give effect to its GATT Round commitments.
It focuses mainly on tariff changes in three areas: industrial products of interest to developing countries, temperate agricultural products, and goods on which sub-Saharan Africa might face an erosion of preferences. There is a need for a tight focus because the effects of change can be gauged only by analysis at the most detailed level. The tentative conclusion is that the effects in all three areas will be modest.