November 13, 2014 / 12:37 PM / in 4 years

U.S.-India deal is major step for WTO trade talks: Azevedo

GENEVA (Reuters) - A breakthrough in trade talks between India and the United States is a significant step in efforts to get the world trading system “back on track”, World Trade Organization Director General Roberto Azevedo said on Thursday.

World Trade Organization (WTO) Director-General Roberto Azevedo gives a speech in Mexico City August 11, 2014. REUTERS/Henry Romero

If ratified by all WTO members, the India-U.S. deal would revive a global trade agreement done in Bali, Indonesia, last December, which would be a “major boost to the WTO”, Azevedo said in a statement.

Reporting by Tom Miles; Editing by Toby Chopra

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