U.S. drafts WTO reform to halt handouts for big and rich states
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GENEVA (Reuters) - The United States proposed a reform of the World Trade Organization on Friday that would slash the number of countries that are eligible for "special and differential treatment", a plan likely to be resisted by China, India and other countries. The United States has long complained that WTO members such as China and India can self-designate as "developing countries", entitling them to a range of benefits and lenient treatment at the WTO.In the draft reform posted on the WTO..