WTO's Cancun Talks Collapse Amid Rich-Poor Divide

World | September 15, 2003, Monday // 00:00

WTO delegates headed home after talks aimed at galvanizing momentum toward a new multilateral trade accord failed, ravaged by a rift between rich and poor countries. The World Trade Organization (WTO) played down what it termed a "setback," the US blamed some delegations it did not name for refusing to compromise, while developing countries celebrated their new-found strength.
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