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from THE JAKARTA POST -- FRIDAY, AUGUST 1, 2008 -- PAGE 6 After seven years of huffing and puffing, negotiators at the Geneva- based World Trade Organization failed miserably last week to reach an agreement -- thus ending hopes of a deal to free up global markets, cut farm subsidies and shore up the international trading system.
Discussions after nine straight days of negotiations reached an impasse when the United States, India and China failed to compromise over measures to protect farmers in poorer countries.
In June, 2007 trade negotiations under the Doha round (so named after the city where the first round of negotiations were held in 2001) collapsed …