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EU says trade pact needed to lift global economy

Jul 17, 2008
Story Timeline:  88 days

The EU's trade chief says a global trade pact would inject fresh confidence to lift economic gloom. EU Trade Commissioner Peter Mandelson says a last-ditch attempt to strike a deal next week would help create more trade opportunities to keep the world economy growing. Failure would be very costly, he said, calling on fast-growing developing nations to help strike a compromise. The EU's top farm official Mariann Fischer Boel said an agreement on farm subsidy cuts needed to be made this month or talks would likely be frozen for the foreseeable... [read full story]                    

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Latest article on this story:

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First article on this story:

EU: Trade pact would raise economy

ibtimes.com Jul 17, 2008
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