
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, December 18, 1993                   TAG: 9312180086
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A-4   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

U.S. TO MATCH EUROPE ON FARM SUBSIDIES

The United States will match European trade subsidies for wheat and other farm products during the six years a new global trade agreement is phased in, Agriculture Secretary Mike Espy said Friday.

"We will match them dollar for dollar under this new discipline," Espy said in his first briefing since returning from Geneva, where 117 countries agreed on new, freer rules for trading among one another.

The accord breaks new ground, because it is the first under the General Agreement on Tariffs and Trade to tackle farm exports and the subsidies paid by governments to their growers. - Associated Press

by CNB