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China EU strike deal to open markets and aid WTO bid
China and the European Union reached an agreement to cut tariffs on about 150 European goods by an average of 40 percent, boosting Beijing toward WTO accession and pressing the U S Congress to grant permanent trading rights. The pact lowers mobile phone entry barriers and speeds market access, with ratification likely affecting congressional debate next week.
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Beijing
China
European Union
World Trade Organization
U.S. Congress
Europe
Washington
Congress