SIDE ISSUES HAUNT WELCOME TRADE PACT

The Uruguay Round of trade negotiations is over, but negotiations may not be. On Apr. 15, 109 members of the old General Agreement on Tariffs and Trade (GATT) signed the most sweeping trade liberalization package in the pact's 47 year history. For the oil and gas industry, the step was crucial. Failure of the Uruguay Round might have inaugurated an era of reactionary protectionism, trade wars, and worldwide economic atrophy, none of which helps markets for energy. As it