deal revives WTO and hope of world trade reform
NEW DELHI/WASHINGTON/GENEVA (Reuters) India and the United States settled a canada goose outlet los angeles dispute on canada goose outlet toronto factory Thursday that had paralysed the World Trade Organization and risked derailing a $1 trillion (0.63 trillion pounds) package of reforms of global customs procedures.
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The International Chamber of Commerce (ICC), which has canada goose outlet online said streamlining customs procedures could add $1 trillion and 21 million jobs to the world economy, said the breakthrough would open the door to canada goose outlet sale new trade talks.
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But Thursday compromise included no visit homepage major revision of the original WTO deal struck last December, which provided for India canada goose outlet shop food stockpiling to be shielded from legal challenge by a clause
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buy canada goose jacket In a recent disclosure to the WTO, India said its state food procurement cost $13.8 billion in 2010 11, part of the total of $56.1 billion it spends on farm support. Wheat stocks, at canada goose outlet uk sale 30 million tonnes, are more than double official target levels. buy canada goose jacket
uk canada goose Reporting by Manoj Kumar in New Delhi and Matt Siegel in Sydney, additional reporting by Tom Miles in Geneva; Writing by Douglas Busvine; Editing by Alex Richardson, John Stonestreet and Hugh Lawson uk canada goose.