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Asia

Disappointment over the Collapse of WTO Talks

The breakdown of the World Trade Organisation (WTO) talks in Geneva has been met with disappointment from world leaders. The nine-day long marathon talks aimed at reaching a new global trade agreement collapsed on Tuesday. The main stumbling block during the talks was disagreement between developing countries and the United States over a so-called Special Safeguard Mechanism. The measure that allows special tariffs on certain agricultural goods and is designed to protect poor farmers.

WTO headquarters in Geneva, Switzerland

WTO headquarters in Geneva, Switzerland

  • Date 30.07.2008
  • Author 30/07/08
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  • Date 30.07.2008
  • Author 30/07/08
  • Print Print this page
  • Permalink http://p.dw.com/p/Lrx2