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GENERAL MOTORS CHAIRMAN ISSUES COMMENT ON THE NORTH AMERICAN FREE TRADE AGREEMENT

 GENERAL MOTORS CHAIRMAN ISSUES COMMENT ON THE NORTH AMERICAN
 FREE TRADE AGREEMENT
 WASHINGTON, Aug. 12 /PRNewswire/ -- The following is a comment by General Motors Chairman Robert C. Stempel on the North American Free Trade Agreement announced today:
 General Motors applauds the negotiators from Canada, Mexico and the U.S. in reaching an historic agreement that promises to usher in a new era of economic opportunity for all three countries. By eliminating barriers to trade, the agreement can help invigorate the economies of our three nations. General Motors recognizes the concern and depth of feeling which the agreement has engendered. Not everything the U.S. industry supported was achieved and many details remain to be worked out. We believe, however, that when the agreement is fully understood, citizens of all three countries will be able to agree that it is in their interests, and that it will lead to increased trade and employment as well as a higher standard of living for all.
 -0- 8/12/92
 /CONTACT: Bill Noack or Grey Terry of General Motors, 202-775-5008/
 (GM) CO: General Motors ST: District of Columbia IN: AUT SU: LEG


DS -- DC004 -- 9225 08/12/92 08:22 EDT
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Publication:PR Newswire
Date:Aug 12, 1992
Words:197
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