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American objected to that,and asked whether the proposed“direct payment'"were not really production subsidies in disguise.Officials on both sides were optimistic that a deal on farming,which would unlock the rest of the round,was within reach.A separate,long-running dispute over oilseeds does still pose a threat.Unlike cereals and other farm goods, which the Uruguay round aimed to bring within the GATT's jurisdiction for the first time,oilseeds already fall within it.Twice America has complained to GATT that Europe is in breach of its undertakings;twice GATT has ruled against the European Community.America wants the Community to cut its oilseeds output by nearly half over the next six years.The European Community is willing to cut,but not by that much.Here too,the gap between the two sides appears to have narrowed a lot during the past few days.Governments need to reflect on the broader deal that,because of this progress in the farmtrade talks,has once again moved within their grasp.
What does“the rest of the round”refer to?
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