BBC – World trade talks ‘failed again’

Marathon talks in Geneva aimed at liberalising global trade appear to have ended without agreement.

Trade talks collapsed after China, India and the US failed to agree on import rules, officials said, but there has been no official announcement.

Earlier, European Union Trade Commissioner Peter Mandelson warned a stalemate was an “appalling” prospect.

The talks were launched in 2001 in Doha and were seen as providing a cornerstone for future global trade.

2001. That’s pretty marathon, alright.

Update (7.30):

The Telegraph – Lessons of Doha

In some ways, the remarkable thing about the Doha round of World Trade Organisation (WTO) talks is not that they have collapsed, but that they came as close as they did to success.

Uh huh.