November 13, 2014

OUR REPUBLICAN PRESIDENT:

India and US reach WTO breakthrough over food (BBC, 11/13/14)

India and the US have resolved their disagreements on food security issues, paving the way for the implementation of a global trade pact. [...]

The breakthrough stems from a bilateral summit in September when Prime Minister Narendra Modi visited the US.

It clears the way for the WTO to press ahead with the Trade Facilitation Agreement that was done in Bali.

Analysts have estimated that that trade deal could add $1tn (£630bn) to the world economy, by reducing the costs of conducting trade by for example simplifying customs procedures.

Now he's just burnishing his legacy...

Posted by at November 13, 2014 5:13 PM
  

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