A package of global trade deals was on life support Tuesday after officials at the World Trade Organization said talks ahead of a meeting of ministers in Bali had hit a roadblock, stymied by a small group of nations led by India.
The impasse represents the latest blow to the WTO, which could see its importance as a hub for global trade talks fade if ministers don’t reach a deal at their highly awaited Bali meeting. An agreement by the WTO’s 159 nations would bolster the institution and keep faint hope alive for a more…
See the rest here: Set of Global Trade Deals Stalls
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