Germany expressed disappointment Tuesday at the collapse of the Doha Round Talks of the World Trade Organization (WTO).
WTO Director-General Pascal Lamy announced Tuesday that a crucial ministerial meeting seeking a breakthrough of the Doha Round had collapsed
It's the time to reach a multilateral trade agreement to give the world economy a boost, said Bernd Pfaffenbach, state secretary of the German Federal Ministry of Economics and Technology.
"We can not afford any lengthy idle period," and the German government will insist on a resumption of the talks as soon as possible, he added.
The collapse would caused a "harsh setback" for business and wasted "a major opportunity" for the cloudy world economy, said Ludwig Georg Braun, president of the Federation of German Chambers of Industry and Commerce.
Source:Xinhua
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