§ Lord Juddasked Her Majesty's Government:
Whether, in the current round of GATT negotiations, they have secured specific arrangements to ensure that the well-being of developing countries is enhanced both by improved and fairer access for their processed goods to the markets of the industrialised world, and by improved and fairer access for them to the technology and information systems of the industrialised world.
§ Lord StrathclydeCompletion of the Uruguay Round will mean a substantial liberalisation of world trade including significant reductions in tariffs and the removal of many non-tarrif barriers on manufactured goods. The GATT Director General, Mr. Sutherland, has initiated an evaluation of the benefits of the round to developing countries. A recent OECD study estimated that non-OECD countries would gain at least $US 90 billion from the removal of these barriers and the proposed liberalisation of agricultural trade. The adoption of the GATT agreement on intellectual property rights should also promote the transfer of technology to developing countries.