World Trade Organisation talks in Geneva to nail down a global trade pact have collapsed after the United States, China and India failed to compromise on farm import rules.
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Global Media Forum continues ... and poor nations. European Union Trade Commissioner Peter Mandelson had predicted that unless negotiators made big compromises there was little chance of a deal being struck. To further complicate talks, European automakers and trade unions had earlier objected to proposals for a world trade deal in industrial goods, which they said put the EU's manufacturing industry at risk.
(Deutsche Welle)
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