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That's a big burden for Italian and German exporting manufacturers to carry at a time when China is slowing and world trade contracting.
G.E., one of the nation's largest companies, routinely has a wide variety of regulatory, trade, contracting and other issues before the federal government, on matters as varied as television mergers, military hardware and environmental cleanup.
The Conference welcomed the decision of the General Agreement on Tariffs and Trade contracting parties to include agriculture in the Uruguay Round of Multilateral Trade Negotiations and the recent proposals made for the reform of agricultural policies in the context of the objectives of the Punta del Este Declaration.
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World trade contracted 60percentt between 1929 and 1932.
In 2001, international trade contracted for the first time in 20 years.
But after the financial crisis, global trade contracted severely.
This was true in many countries and was among the reasons trade contracted by more than 12% in 2009.
At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity.
China warned of dire consequences, such as severing lucrative trade contracts.
The deal between PetroChina, a state-controlled company, and Exxon Mobil is reckoned to be Australia's biggest-ever trade contract.
The EU's executive office had warned Iran earlier today against attempts to cancel trade contracts with European countries.
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CEO of Professional Science Editing for Scientists @ prosciediting.com