Posted AT 2:23 PM EDT on 25/07/08
WTO deal 'possible:' Mandelson
GENEVA — Troubled global trade talks showed encouraging signs of edging towards a deal on Friday after crunch negotiations among seven key countries produced elements of a compromise, ministers and officials said.
The new proposals breathed life into the make-or-break talks at the World Trade Organization which earlier on Friday were at risk of collapse.
The compromise includes a further cut in the cap on contentious U.S.
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