1. GATT said that such preferential agreements could have a far-reaching impact on world trade. 2. For decades, Moscow had provided Havana with massive aid and preferential trading agreements. 3. The European Union has a preferential agreement with African, Caribbean and Pacific countries that are former European colonies. 4. The statement said that there was a need to take into account European concerns over special preferential agreements reached between some East Asian countries and the United States. 5. Rao said a South Asian preferential trading agreement scheduled to take effect later this year would lead to greater regional trade. |
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