1. why did Cancun fail?
Cancun summit failed because The talks failed because rich and poor countries could not reach agreement on two key issues. The first and most contentious of these was agriculture. Rich countries ... , and for compensation to be paid to the four while the subsidies are been paid out to cover economic losses caused by the subsidies. The proposal seeks a decision in this Cancun Ministerial Conference. They described how cotton is important to their economies, and how in some years total subsidies in rich countries amount to almost as much as the value of ... that they should be referred back to...
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