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After the collapse of world trade talks in Geneva today (24 July), ActionAid looks at the future of the global trading system.

Hopes were fading on Tuesday of keeping alive a global free trade deal after trading powers failed to make a breakthrough at a marathon first session, diplomats said.

Civil society organizations from Brazil and from around the world are celebrating the collapse of negotiations towards the conclusion of the Doha Round of the WTO.

Global commerce talks at the World Trade Organization collapsed Monday as top powers failed to agree on steps toward liberalizing trade in farm and manufactured goods.

Press Availability with Ambassador Susan C. Schwab, USTR and Mike Johanns, Secretary of Agriculture

The suspension of WTO negotiations is good news for consumers, farmers and fisherfolk around the world, said consumer group Food & Water Watch. The deadlock provides an opportunity for governments to take a new approach when writing the laws that govern global trade.

Campaigners from Friends of the Earth International today welcomed the collapse of the World TradeOrganisation (WTO)'s trade negotiations. This means that there is nowtime to review and reconsider the multilateral trading system in itsentirety.

No one who was not there seems to know what actually happened at the G8 Summit leaders' meeting with the leaders of five developing countries in the lunchtime "outreach working lunch" at St Petersburg on Monday (17 July).

"Flexibilities" was the new key theme and indeed the key word after a short meeting of the G6 Ministers held at the WTO on Monday (17 July) night, to follow up on the lunch meeting at St Petersburg a few hours earlier that the G8 leaders had with the leaders of five developing countries.

Fresh from his discussions at the G8 Summit in St. Petersburg, Prime Minister Manmohan Singh provided a cautiously optimistic insight into the prospects of the deadlocked WTO negotiations.