WTO trade talks collapse in Geneva

摘要

WTO negotiations collapsed last week in Geneva after major players proved unable to resolve a dispute over safeguarding developing countries from a surge of food imports from richer countries. European Union trade spokesman Peter Power said a standoff between the United States and emerging economies India and China proved to be irreconcilable. He said there is a great sense of disappointment after nine days of intense talks and resolution of about 90% of the package.