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International

WTO submits draft global trade deal to membership

International Desk |
Update: 2013-12-06 06:57:51

DHAKA: The head of the World Trade Organisation Roberto Azevedo is preparing to submit the text of a global trade deal to the WTO membership for agreement later on Friday, said sources involved in the talks at the WTO`s ministerial conference in Bali.

Azevedo`s move signals he has resolved India`s objections to a section covering food subsidies, which had held up agreement.

WTO spokesman Keith Rockwell has previously said Azevedo would only ask the members to sign off on the Bali package of trade reforms if he believed there was convergence.

Source: ST

BDST: 1720 HRS, DEC 06, 2013

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