Monday, July 2, 2007

Doha trade talks may go into deep freeze: WTO chief

(Reuters) - World Trade Organisation (WTO) chief Pascal Lamy said on Monday the Doha Round on cutting tariffs and subsidies risks heading into a "deep freeze" but could be saved if key countries made small concessions.

In a speech to a United Nations Economic and Social Council meeting in Geneva, he said nations digging in their heels in the nearly six-year-old negotiations could sabotage big gains to the global economy if they did not moderate their stances.


Read more at Reuters Africa

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