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Trade Ministers Gloomy On WTO Prospects

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by Gleb Bryanski and Gerard Wynn

January 30, 2010

Trade ministers expressed gloom on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging.

Trade ministers expressed gloom on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging.

Ministers from about 20 major economies held informal talks on the sidelines of the annual World Economic Forum meeting in the Swiss ski resort of Davos, but Egypt's trade minister said they made little progress.

"I don't think very much came out of this meeting unfortunately," Rachid Mohamed Rachid said.



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