[img]http://news.bbcimg.co.uk/media/images/71342000/jpg/_71342643_160422182.jpg[/img]
[i]Mr Azevedo has warned that a failure to reach a deal would have grave consequences[/i]
[quote]The World Trade Organization (WTO) head, Roberto Azevedo, has warned global trade deal talks face collapse.
Mr Azevedo's comments came after WTO members failed to agree on a text to be presented to trade ministers next month to reach a deal.
A potential global deal, first since the WTO was formed, could add nearly $1tn (£617bn) to the world economy.
Mr Azevedo said that negotiations had been hurt as members "stopped making the tough political calls".
"This prevented us from getting to the finish line," the director-general added.[/quote]
[url]http://www.bbc.co.uk/news/business-25099257[/url]
I hope they can finish this deal, it would be real shit if it fell through. One of the biggest issues is that the western world subsidizes agriculture, making it difficult for developing ones to sell their agricultural products abroad.
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