World Bank chief urges resumption of WTO talks

GENEVA (Reuters) - The head of the World Bank added his voice on Monday to those calling for a revival of last month's abortive world trade talks. World Bank President Robert Zoellick said that the July meeting, which foundered on a proposal for a safeguard to help farmers in poor countries withstand a flood of imports, had left a good package of results on the table. Several countries, most notably agricultural superpower Brazil, have called for an early resumption of the talks, which were intended to secure a breakthrough in the World Trade Organization's (WTO) long-running Doha round. WTO Director-General Pascal Lamy visits Washington this week after traveling to Delhi last week to sound out Indian and U.S. trade negotiators whose differences over the farm safeguard brought the talks to a standstill. In his statement... [read full story]