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WTO Member Group Vows to Reform Rules on Subsidies, Dispute Settlement

Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington's complaints about Chinese subsidies. The officials, meeting in the Canadian capital Ottawa, said they shared a "common resolve for rapid and concerted action" to address challenges to the WTO. "The current situation at the WTO is no longer sustainable. Our...

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