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Mark · Site Admin Joined: 13 Nov 2007 Posts: 1052

WTO Talks Collapse Amidst Developing Countries' Reluctance to Sacrifice Food Security

http://www.truthout.org/article/w...pse-amidst-concerns-food-security

Excerpt:

Washington, DC - Despite trade ministers' hopes for a last-minute deal, World Trade Organization (WTO) negotiations collapsed yet again today, and observers at the talks in Geneva say that the failure is not surprising, given the reluctance of India and other developing nations to sacrifice food security measures in the wake of the recent global spike in food prices.

Given President Bush's lame duck status, negotiators had been called to Geneva to try to push through a last-minute deal before Bush left office. Because negotiators need about six months after a deal on the major issues to complete the details of the agreement, this possibility has now evaporated.