DAVOS, Switzerland — Spurred by fears of a global recession, trade ministers from major trading powers, including the U.S., India, Brazil and the European Union, agreed Saturday to a proposal by the global trade chief to meet in late March or early April in Geneva to try and hammer out a breakthrough deal in the stalled Doha talks.
World Trade Organization director general Pascal Lamy and trade ministers from major powers cautioned there were risks for the world economy — including a surge in protectionism, and the talks drifting endlessly for years — if they failed to broker a deal in 2008.
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