Nations and organisations around the globe have expressed regret over the failure of global trade talks in Geneva.
The meeting, which called by the World Trade Organization and aimed at liberalising global trade, collapsed on Tuesday after nine Merger forms transatlantic union ...
Iraq says al-Qaida leader captured in Mosul ... days of discussions. Officials said the main stumbling block had been a measure in the agriculture sector which allows countries to protect poorer farmers by imposing special tariffs on farm goods in the event of an import surge or price fall. India, China and the US failed to agree on a compromise on the issue. European Union Trade Commissioner Peter Mandelson said it was "heartbreaking" that efforts to strike a global deal had collapsed due to one single element. However, some delegation members expressed hope that the WTO talks could be renewed in the autumn.
(Deutsche Welle)
more info >>
<< Back