WTO nairobi meeting ends with major breakthrough on globle trade

The 10th Ministerial Conference of the World Trade Organization (WTO) in Nairobi came to an end on Saturday after an extended negotiating period with a new Nairobi Declaration that promises to keep the international trading system alive. Key outcomes out of the conference included an agreement on the elimination of agricultural export subsidies, expansion of the list of information and technology products for tariff reduction, and the accessions of Liberia and Afghanistan into the world trade body.

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