Much Work Needed For 2010 Doha Deal: WTO's Lamy |
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November 17, 2009
World Trade Organization members still have much work to do if they want to achieve their goal of reaching a new deal on opening up global commerce in 2010, WTO Director General Pascal Lamy said on Tuesday.
World Trade Organization members still have much work to do if they want to achieve their goal of reaching a new deal on opening up global commerce in 2010, WTO Director General Pascal Lamy said on Tuesday.
Political leaders have set next year as the deadline for completing the Doha round of negotiations, which began in 2001 aiming to boost prosperity by cutting industrial and agricultural tariffs and farm subsidies, and to help developing countries to trade more.
But the longest-running trade round remains beset by differences between exporters and importers and rich and poor countries after 8 years of on-again off-again negotiations and missed deadlines.
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