WASHINGTON--Collapse of the latest discussions at the so-called Doha round of trade talks under the auspices of the World Trade Organization is a "lost opportunity for the world's economy, especially the developing nations most in need of insurance and other services," according to an insurance industry representative.

David Snyder, a vice president and assistant general counsel at the American Insurance Association, said it is especially a problem for the developing nations who are in dire need of insurance and other services.

Mr. Snyder's comments were made in the wake of the collapse of the talks, primarily because of the desire of such nations as China, India and Brazil to protect their agricultural sectors.

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