Chances of a world trade deal next year 60-40, predicts Irish EU official

THERE is about a 60-40 chance of a world trade deal being agreed next year, a top European Union official has predicted.

However, the trade official, Irishman David O’Sullivan, also said that he had not given up hopes of reaching an agreement this year.

“If we can’t do a global deal on trade how do you think we are going to do a global deal on climate change?” he asked.