WTO customs union plan "threatens market opening"

Newswire

By Jonathan Lynn GENEVA, May 23 (Reuters) - Proposals to give special treatment to customs unions between developing countries risk undermining efforts to open up markets for industrial goods, a senior developed country diplomat said on Friday. The proposal, in the latest negotiating text on industrial goods from the World Trade Organisation (WTO) could be "devastating" if it is also taken up by members of free-trade agreements, as some are now suggesting, he said. "It's not just a ...

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