A global trade deal that could have added $1 trillion to the world economy has collapsed after India refused to ratify a pact struck last year in Bali.
The 'Bali Package' was hailed last December as the first global trade deal in nearly 20 years, with the potential to generate big benefits by increasing the flow of goods, revenue collection and investment.
India move halts $1 trillion trade deal - Aug. 1, 2014
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