December 7, 2013

OUR REPUBLICAN PRESIDENT:

Historic 'first': Deal struck at WTO summit to boost global trade (Dessianing Ariyanti, 12/07/13,The Associated Press)

A deal to boost global trade has been approved by the World Trade Organization's 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing field for rich and poor countries can be reached in the future.

WTO Director-General Roberto Azevedo shed tears during the summit's closing ceremony Saturday as he thanked host nation Indonesia and his wife.

"For the first time in history, the WTO has finally delivered" on large scale negotiations, he said.

Trade ministers had come to the four-day WTO meeting on the resort island of Bali with little hope that an agreement would be reached.
Posted by at December 7, 2013 8:31 AM
  
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