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November 30, 2007
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Friday
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Ziqa’ad 19, 1428
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Subsidies
WASHINGTON, Nov 29: The United States announced on Thursday that China has agreed to eliminate WTO-banned subsidies that have given Chinese exports an unfair trade advantage.
US Trade Representative Susan Schwab said Washington and Beijing had signed a memorandum of understanding in Geneva to settle a complaint challenging the Chinese subsidies filed by the United States and Mexico at the WTO in February.—AFP
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