India's demands block $1 trillion WTO deal on customs rules

August 1, 2014 7:45 AM

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India's demands block $1 trillion WTO deal on customs rules

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GENEVA (Reuters) - The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.

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