Doha - Latest world trade talks collapse

The latest negotiations to try to secure a new global trade deal have collapsed without agreement. Trade leaders from the European Union, US, India and Brazil had been meeting in Germany to find a breakthrough on the long-delayed Doha round of talks.
Brazil and India blamed the latest failure on the EU and US not offering enough concessions on agriculture. The EU and US countered that Brazil and India were not opening up their markets to Western manufactured goods.
Brazil's Foreign Minister Celso Amorim said the Brazilian and Indian delegations had walked away from the negotiations in the eastern German city of Potsdam, because they had proved to be "useless".
This week's negotiations could not generate political consensus to meaningfully open markets to new trade - particularly in manufactured goods Susan Schwab, US Trade Representative India's Commerce and Industry Minister Kamal Nath added that "there will have to be a substantial attitude change" from the EU and US.
US Trade Representative Susan Schwab said: "To meet the Doha Round's promise, developed and advanced developing economies need to open their domestic markets for agricultural goods, industrial products, and services."
EU Trade Commissioner Peter Mandelson echoed this argument, saying that "while in Europe we are prepared to pay a lot, we cannot do it on less to nothing in return".
The collapse of these secretive trade talks is a good opportunity to develop an alternative approach to trade Joe Zacune, Friends of the Earth, trade campaigner Environmental pressure group Friends of the Earth greeted the collapsed talks as good news.
Trade campaigner Joe Zacune said: "The collapse of these secretive trade talks is a good opportunity to develop an alternative approach to trade that works for developing countries and the environment."
He said the proposals had been driven mainly by the EU and the US putting "commercial interests of their corporations before the needs of poor communities and their natural resources".
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