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The agreement on climate change struck on Thursday ( 28 July 2005) by the US and several Asian countries (Australia, Japan, India, China and South Korea) was given a cautious welcome by other governments.

The new partnership on climate change sets no firm targets on greenhouse gas emissions in contrast to the Kyoto protocol to UNFCCC.

The European Commission welcomed the deal, but insisted it could not replace the Kyoto accord.

The next round of negotiations on the treaty will take place in Montreal in November.

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