Washington–U.S. efforts to reach agricultural agreements in World Trade Organization talks could clear the agenda for other issues, including services agreements that impact insurers, the American Insurance Association said today.

Service industry agreements establish how foreign companies are treated in other markets, and the insurance industry has consistently pushed to ensure that domestic insurers do not receive favorable treatment.

"Insurance can help developing nations increase financial security and support growth, but insurance can only provide those benefits if the market is liberalized and insurers can enter," commented David Snyder, American Insurance Association vice president and assistant general counsel.

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