The world's biggest economies agreed yesterday to conclude a comprehensive trade deal in 2010, in the latest attempt to revive the stalled Doha round and give a shot in the arm to the world economy.
Rich countries gathered for the G8 summit signed a deal with 10 other large economies – including India, China and Brazil – that trade talks must resume urgently, with a deadline set for completion next year.
The agreement in the Italian town of L'Aquila will be hailed by world leaders as a decisive moment in reviving the global economy and a statement of intent to conclude a trade round which began in Doha in 2001.
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