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If developing countries open up their markets, the EU will cut subsidies, the EU trade chief said (Photo: European Community, 2005)

World trade deadlock hard to break, Mandelson says

With just three weeks to go before a self-imposed deadline, the EU's trade chief Peter Mandelson has said it will be hard to reach an agreement on the Doha trade talks.

"It is hard because there are a limited number of cards left on the table and they are the big ones," Mr Mandelson said on Tuesday (11 April) and added that "there are still wide gaps to be bridged."

A 30 April deadline for a broad agreement on formulas to cut farm subsidies and industrial tariffs - as a move towa...

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If developing countries open up their markets, the EU will cut subsidies, the EU trade chief said (Photo: European Community, 2005)

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