Page last updated at 15:33 GMT, Thursday, 27 July 2006 16:33 UK

Press gloom as WTO talks collapse

World press

Newspapers across the world express concern at the failure of the WTO talks in Geneva, with some pointing the finger of blame at the US and the European Union.

Several commentators conclude that no-one stands to gain from the stalled negotiations - "there are no winners here, only losers," says one paper.

A Japanese daily predicts that advanced nations will now turn to bilateral and regional free trade agreements, thereby abandoning developing nations.

INDIA'S HINDUSTAN

Everybody has suffered a defeat. The WTO's declared motive, even today, is to pave the way for increased business and trade among all countries. This must be done in a manner which will provide equal opportunities to all countries, big or small, to prosper. The long debates in the Doha Round proved that this was easier said than done.

INDIA'S SAKAL

With the failure of the Doha talks, the process of opening up markets has also come to a halt. However, it was more important to put a stop to opportunistic US policies in time. The US had been trying to exploit Indian farmers in order to raise the already high living standards of US farmers.

SOUTH AFRICA'S BUSINESS DAY

Soothing noises are now emerging from some leaders that the trade talks have only been temporarily suspended. But the momentum has been lost. A vital opportunity to right the wrongs of the global economy has been lost. There are no winners here, only losers.

THE KOREA HERALD

The collapse of the global free trade talks has cast doubts on the efficacy of a world trade body. Still some experts exude optimism for the WTO's Doha Round, underlining that the deadlock reflects the complex nature of a diverse trade pact that demands the agreement of 149 member countries.

CANADA'S THE GLOBE AND MAIL

The talks came a cropper over agricultural protection, especially in the developed countries that keep out products more cheaply grown in the developing world. Once again, the poorest lose, the richest win... In agricultural politics - in Canada and at the WTO - rationality long ago yielded to political fear, lobbying muscle and inertia.

JAPAN'S ASAHI SHIMBUN

A major fear now is that the international community will lose faith in the WTO... Should the Doha Round eventually fizzle out, advanced nations will turn to bilateral and regional free trade agreements, abandoning developing nations that have few items to export and only tiny markets.

MARK THIRLWELL IN THE AUSTRALIAN

With the world set to travel further down the bilateral and regional trade route, the overriding objective for international trade policy needs to be the international integration, in effect the multilateralization, of the plethora of preferential deals now in prospect.

ZHANG GUOQING IN CHINA'S ZHONGGUO JINGJI SHIBAO

The final failure was the result of developed countries shifting responsibility onto each other and mutual mistrust between developed countries and developing countries. It has placed an invisible "stricture" on world economic development.

RUSSIA'S VEDOMOSTI

The crisis of the WTO shows that standards in mutual relations are falling, mistrust is becoming greater, and contradictions between the developed world and the world running to catch up are becoming deeper and deeper. This threatens a return to closed systems, with all the joys of protectionism and lack of competition.

POLAND'S GAZETA WYBORCZA

The halting of the WTO talks is one of the most important events in the global economy in the last five years and may spell the return of protectionist tendencies. This will result in an even deeper division of the world into very rich and very poor.

AUSTRIA'S DIE PRESSE

Tough trans-Atlantic trade wars are now on the cards. The talks failed because of the irreconcilable differences between the EU and USA, neither of the two blocs would give way first. But the biggest loser is the developing world.

SWITZERLAND'S LE TEMPS

Emerging countries such as China, Brazil and India do not fill us with pity any more but with fear. As a result, everybody feels entitled to shamelessly defend their own private domains.

FRANCE'S LE MONDE

The collapse of the talks will play a role in expanding the imbalances in the world... The situation is all the more regrettable as it is the traditional supporters of multilateralism since the Second World War - the United States and Europe - who are for the most part responsible.

BBC Monitoring selects and translates news from radio, television, press, news agencies and the internet from 150 countries in more than 70 languages. It is based in Caversham, UK, and has several bureaux abroad.



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