UPDATE 2-Time running out for deadlocked trade talks-WTO

Newswire

(Releads with Lamy comments) By Robin Pomeroy and Laura MacInnis GENEVA, July 25 (Reuters) - Deadlocked global trade talks will fail unless countries can find compromise in the coming hours, the chair of WTO negotiations said on Friday. "The situation is critical, edging between success and failure," World Trade Organisation chief Pascal Lamy told delegates at the Geneva talks, according to his spokesman. "Time is running out and the next 24 hours are crucial." Trade ministers from ...

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