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TRADE DEAL REVIVAL

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The world’s largest economies could make progress to revive long-running world trade talks at two G20 summits later this year, farmers and officials from agricultural nations said April 19. The 19-member Cairns Group of countries was meeting in Uruguay to consider how to inject new life into the World Trade Organization’s Doha round of negotiations.

The G20 group of major world economies had called on trade ministers to reach a Doha agreement by 2010, but the political will to close stubborn gaps between rich and poor countries and importers and exporters has been lacking. The Doha round was launched in the capital city of Qatar in late 2001 but negotiators have missed every deadline set by themselves or political leaders for finishing the round.

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