September was not a good month for the European Union. There was bad news from both Cancun and Sweden. Following the collapse of the World Trade Organisation (WTO) talks in Cancun, Mexico, EU Trade Commissioner Pascal Lamy concluded: "I do not want to beat about the bush: Cancun has failed. This is not only a severe blow for the World Trade Organisation but also a lost opportunity for all of us, developed and developing countries alike. We would all have gained. We all lose. We will not play the blame game and we will remain open to reviving this process."
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