UPDATE 2-WTO chair rebuts business criticism of text


(Adds Stephenson comments, double dateline) By William Schomberg and Jonathan Lynn BRUSSELS/GENEVA, May 20 (Reuters) - Europe's biggest employers lobby said on Tuesday it was concerned new proposals to unblock world trade talks could allow developing countries to protect entire industrial sectors against imports. But the chairman of industrial goods talks at the World Trade Organisation (WTO) defended his revised negotiating text, saying some of the criticism from European and U.S. ...

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