WTO hails 'historic' agreement | Bangkok Post: news

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WTO hails 'historic' agreement

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Commerce ministers capped days of hard negotiations Saturday by approving a WTO agreement on international commerce they hailed as a "historic" boost for the trade body. 

Indonesia Trade Minister Gita Wirjawan (right) shakes hands with WTO Director General Roberto Azevedo in Nusa Dua, Bali on December 7, 2013

The agreement still falls far short of the World Trade Organization's lofty but elusive vision of tearing down global trade barriers through its frustrating, 12-year-old Doha Round of talks.

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