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| WTO talks stall | ||||||||
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The World Trade Organisation (WTO) is an international body which negotiates and polices agreements between countries. Latest world trade talks collapseThe latest negotiations to try to secure a new global trade deal have collapsed without agreement. Trade leaders from the European Union, US, India and Brazil had been meeting in Germany to find a breakthrough on the long-delayed Doha round of talks.
Brazil and India blamed the latest failure on the EU and US not offering enough concessions on agriculture. The EU and US countered that Brazil and India were not opening up their markets to Western manufactured goods. Friends of the Earth says"The collapse of these secretive trade talks is a good opportunity to develop an alternative approach to trade" Joe Zacune, Friends of the Earth, trade campaigner |