Doha Round Trade Negotiation suspend
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Anzu [2011-05-20]
Six key members-US, EU,Japan, Australia, Brazil and India finish minister grade talk for two days on July.24. Due to sever difference, they decide to suspend Doha Round Trade negotiation sustaining for nearly five years.
For textile trade, the report show that in 2005, global textile trade value is only increased by 5%. Lower 10% than the one in 2004. The main reason is the slowing economy developing and dollar depreciation.