Geneva, 15/12/2011 (Agence Europe) - Despite lack of progress on the Doha Trade Round at the eighth WTO ministerial conference, agreement was reached in principle on revising the GPA agreement on public procurement. In addition to trading opportunities worth an extra €100 billion a year for its signatories, the GPA may pave the way for further opportunities when China and other emerging economies join the WTO down the track.
After 10 years of talks, the 15 WTO members that signed the GPA...