Race for World Trade Job Seen Close
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Former European Union trade chief Pascal Lamy is the best known of four candidates to stake a claim by Friday's deadline to lead the world's top trade body, but renown may not be enough to win the job, analysts say.
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POTSDAM, Germany  - Talks between trade powers to salvage world trade talks collapsed on Thursday, throwing the future of the World Trade Organisation's round into doubt.
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U.S. lawmakers could face a vote on  trade relations with Russia this election year if Moscow  finally wraps up its bid to join the World Trade Organization,  the top U.S. trade official said on Tuesday.
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Trade negotiators for the United States, Colombia, Peru and Ecuador have abandoned their goal of finishing a free trade agreement by mid-January and laid out a schedule for at least two more rounds of talks, a U.S. official said on Saturday.
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Washington and Brussels may have gone  for their guns in a fight over plane subsidies, firing off huge  tit-for-tat cases at the World Trade Organization (WTO), but  analysts say a peaceful deal may yet be done.
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South Korea and the US are in the final round of free trade talks, trying to reach a deal before a looming deadline.
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The European Union will do its best to save global trade talks but completing a deal next year is a 50-50 prospect at best, the EU ambassador to the World Trade Organisation said.
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Leaders from 21 Asia-Pacific nations are expected to call on Sunday for a final conclusion to world trade talks that have dragged on for six years, ending a two-day summit dominated by climate change and trade.
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The Bush administration returns to  world trade talks next week with renewed optimism, but even the  most ardent supporters of the Doha round see formidable hurdles  to clinching a deal.
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WTO Director-General Pascal Lamy on Saturday said a global trade deal was now within reach but that political leaders needed to lend their support to complete the ongoing round of negotiations.
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The last chance for a world trade  deal could slip away in the next few months unless India,  Brazil and other advanced developing countries offer meaningful  commitments to open their market to more foreign goods, U.S.  private sector experts said on Tuesday.
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Trade ministers meeting in Davos say they will meet this Easter in a final attempt to negotiate a global trade deal.
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The Bush administration is billing  the collapse of world trade talks this week as good news for  its drive to renew negotiating powers in Congress, but it is  not clear that U.S. lawmakers will see things that way.
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The World Trade Organization (WTO) sought on Friday to rekindle hopes of a global trade deal after talks between four major powers collapsed.
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CAIRNS, Australia  - A deal to free up world trade could be delayed several years if no progress is made by the end of 2007, the United States said on Thursday, as it stepped up criticism of India and Brazil over failed talks.
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WASHINGTON - The World Trade Organization is set to give the go-ahead today for sweeping retaliation against the United States from Canada, Europe and others for its continuing refusal to dismantle illegal trading laws.
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Bloomberg - June 22 (Bloomberg) -- The collapse of World Trade Organization talks over a new global agreement leaves President George W. Bush without a lever to prod Congress to renew his trade promotion authority before it expires at the end of this month, lawmakers and business lobbyists say.