UPDATE 3-Time running out for deadlocked trade talks-WTO


(Adds details of negotiations) 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 World Trade Organisation negotiations warned on Friday. "This is the blunt reality...The situation is critical, edging between success and failure," WTO chief Pascal Lamy told delegates at the talks, according to his spokesman. "Time is running out and the next 24 hours are crucial." ...

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