The EU has matched Washington's move and said it is prepared to substantially cut subsidies for its farmers in a bid to get stalled world trade talks moving.
In a statement released on Monday (10 October), EU trade commissioner Peter Mandelson said the bloc would be prepared to reduce its aid to the agriculture sector by 70 percent.
Presenting the EU's plan to WTO counterparts in Zurich, Mr Mandelson also said the EU would be ready to reduce its import duties on farm goods by up t...
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