China Lures Wto To Brink Of Procurement Deal -source

By Tom Miles GENEVA (Reuters) - Forty-two countries are close to agreeing an upgrade of their Government Procurement Agreement (GPA), a reform that could unlock tens of billions of dollars of commercial opportunities, and many times more if China gets on board, trade sources said on Monday. The GPA, a voluntary agreement within the World Trade Organization, opens a wide spectrum of public contracts in member countries to bidders from other members, improving competition and efficiency as well as providing massive new markets in areas such as infrastructure and transport. Read More...

 

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