Doha deal still possible next year despite US polls
Afp,Manila
A global trade deal is still within reach by 2008 after years of fruitless talks and despite possible domestic pressure from next year's US presidential election, former World Trade Organisation chief Supachai Panitchpakdi said Thursday. Supachai, now the secretary-general of the UN Conference on Trade and Development, said there has been recent movement in the deadlocked negotiations because "some of the figures that used to be off the table are now on the table." He cited discussions about "domestic support" in the United States as well as the so-called "Swiss formula" for import tariff reduction.
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