WTO COMPONENTS

Keith NuthallA DEAL has been stuck at the World Trade Organisation's goods council, which will extend the time that eight developing countries can erect trade barriers to restrict the import of components for automobile manufacturing, to promote local engineering companies.The council agreed that Argentina, Colombia, Malaysia, Mexico, Pakistan, the Philippines, Romania and Thailand should definitely be able to retain these restrictions to the end of this year, with a possible extension to December 2003.These developing countries had originally been committed ...


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