Negotiations on global trade package considered crucial to the WTO's future goes into overtime.

Saturday, 07 December 2013 - 12:41

Negotiations on a global trade package considered crucial to the WTO's future went into overtime, with hopes for a deal brightening as former holdout India backed a revised version.

New World Trade Organization chief Roberto Azevedo of Brazil is pushing world commerce ministers to agree on a set of measures at a conference on the Indonesian resort island of Bali.

The package is relatively modest compared to the WTO's broad vision of tearing down trade barriers around the world.


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