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Canada Losing Out Because of Global Trade Stalemate: WTO Director

Posted October 10, 2014

Under Economic Issues, International Trade Issues

(Andy Blatchford – Canadian Press)

The head of the powerful World Trade Organization says countries around the planet, including Canada, are missing out on the benefits of a stalled global deal to boost international trade.

Roberto Azevedo said the WTO has made unsuccessful attempts to finalize an agreement struck last year by its member countries, a deal that promised to cut down the costs of international transactions and streamline customs procedures.

"We made progress in some areas, but not enough," Azevedo told The Canadian Press on Thursday in an interview in Toronto. Read more here.