World Bank committee calls for full participation in Doha talks
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A key World Bank committee appealed to all countries, developed and developping, to take an active role in WTO multilateral trade liberalization talks scheduled to wrap by the end of the year.
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Higher level political involvement, including regular summits, is needed to inject dynamism and efficiency into the World Trade Organization (WTO), a body once dubbed "medieval," according to a report on Monday.
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The 18-nation Cairns Group of   agricultural exporting nations on Friday urged major powers to   resume world trade talks by November, saying there was too much   at stake for farmers for negotiations to fail.
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Inflation and recession add to the list of world issues on the agenda at the World Economic Forum.
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The four key players in the World Trade Organisation -- the United States, the European Union, Brazil and India -- met on Tuesday for critical talks to break deadlock over a global trade deal.
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Robert Zoellick, U.S. President George W. Bush's nominee to head the World Bank, will travel to Africa, Europe and Latin America to lobby for the job starting on Monday, and said he wants to hear directly from governments about their development priorities.
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Washington, Oct. 4. (PTI): The annual conference of the World Bank Group and IMF where India was represented by Finance Minister, P Chidambaram, ended here with no consensus among developing countries on three
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World Bank President Robert Zoellick  on Sunday called on the bank's 185 member nations to back a new  direction for the poverty-fighting institution and give the  private sector a bigger role in helping poor nations.
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DAVOS, Jan 27 (IPS) - Ministers from India, Brazil and South Africa  warned at the Davos World Economic Forum Saturday that the  success of Doha trade negotiations over the next couple of months  will depend on "balanced" commitments between agriculture  and opening of markets for industrial products.
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WTO Director-General Pascal Lamy on  Saturday said a global trade deal was now within reach but  political leaders needed to give a &quot;final push&quot; to complete the  current round of negotiations.
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The top U.S. trade negotiator  said on Sunday before meeting a group of developing nations the  United States was committed to a successful outcome of current  world trade talks.
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Trade ministers from a key group   of developing nations pressed the United States and the   European Union on Saturday for more concessions to help break   deadlocked global trade talks.
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As the International Monetary Fund   embarks on a second round of reforms to give developing   countries more say in the institution, the World Bank signaled   on Wednesday that it was ready to go the same route.
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The G20 developing nations call for the resumption of global trade talks at a meeting in Rio de Janeiro.
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The main stumbling block in the Doha Round of global trade talks is the failure of the United States and European Union to make substantial concessions on agriculture, China's commerce minister said on Monday. The World Trade Organization formally relaunched the Doha round of negotiations last month after a six-month suspension that was triggered by differences among major trading partners, especially the United States and EU, over farm subsidies.
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Global finance ministers gather in Washington for simultaneous meetings of the G7, World Bank and International Monetary Fund.
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The president of the World Bank pushed Tuesday for Palestinian economic reforms and the lifting of Israeli travel restrictions in the West Bank in exchange for an additional $500 million in desperately needed aid to the Palestinians.