They seem sure to be bigger winners this time than in the Uruguay round, since agriculture and textiles (which between them make up 70% of exports from the poorest countries) loom so large.
Credit cards are one way the bank is trying to make up for these fees, an item we discussed in As New Regs Loom, BoA Converts Debit Customers to Credit Cards.
The new loom produces high-definition weave carpets from photos for an international market and can feature up to 32 colours instead of the conventional eight.