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World Trade Organization ends meeting in UAE after failing to reach major agreements

  • Negotiators at a World Trade Organization meeting in the United Arab Emirates ended their summit early after failing to reach agreements on major initiatives, highlighting turmoil within the global body.
  • The only significant agreement reached was an extension on the pause of taxes on digital media until the next biennial meeting.
  • The conference also saw continued debate on the China-led Investment Facilitation for Development plan, with South Africa withdrawing opposition and India remaining opposed.
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Zeit Online broke the news in Germany on Friday, March 1, 2024.
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