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Business

EU, Saudis Strike Lucrative Trade Deal

A new trade deal between the European Union and Saudi Arabia should smooth the way for the oil-rich state to join the World Trade Oranization. The EU will get improved access to Gulf markets.

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The agreement was good news for the country's hopes of joining the WTO.

The Arab world's most powerful economy signed a trade agreement with its top trading partner on Sunday, smoothing its way to membership in the World Trade Organization.

Officials on b