9 reasons why India's WTO veto shocked the world

August 1, 2014 8:46 AM

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9 reasons why India's WTO veto shocked the world

India's tough diplomacy blocked a landmark world trade treaty late on Thursday, despite last-ditch talks to rescue what would have been the first global trade reform since the creation of the World Trade Organization 19 years ago.

Trade diplomats in Geneva have said they are "flabbergasted", "astonished" and "dismayed" and described India's position as "hostage-taking" and "suicidal".

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