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With Doha Round stalled, EU takes a different tack
With the Doha Round of World Trade Organization trade talks in trouble, the European Union is putting more emphasis on bilateral and regional trade agreements. Unlike the U.S., which has signed bilateral pacts with small countries such as Chile, Singapore and Bahrain, the EU will focus on bilateral and regional deals with partners that have sufficient growth potential, especially those that can help Europe make up lost ground in global high-technology markets. A new European Commission report, "Global Europe: Competing Around the World," identifies leading candidates as South Korea, India and the 10 members of the …