Deal to boost global trade reached at WTO summit

GallagherThe Telegraph
Kevin Gallagher, College of Arts & Sciences

Ministers meeting in Bali sealed agreement among the WTO’s 159 member economies for the pact, which eases barriers to trade by simplifying customs procedures, limiting agricultural subsidies, and promoting trade with least-developed nations…

Expert quote:

“Rather than honouring the multilateral process, powerful nations will move to regional trade deals such as the TPP to advance harmful proposals that were rejected at the WTO.”

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