Cuba drops veto at WTO meet, enabling global trade deal -sources

Friday, 6 Dec 2013 | 9:28 PM ET

NUSA DUA, Indonesia, Dec 7 (Reuters) - The World Trade Organization cleared the way for its first ever worldwide trade reform on Saturday after Cuba dropped a threat to veto the package of measures, sources involved in the talks said.

Cuba had raised a last-gasp objection to the deal, which some estimates say could be worth $1 trillion to the world economy, forcing an overnight halt to talks. But it reached compromise language with the United States, and a deal was expected to be announced imminently, sources said.

(Reporting by Randy Fabi, additional reporting by Tom Miles; Editing by Michael Perry)