By  on September 16, 2008

GENEVA — The prestige and clout of the World Trade Organization took a heavy blow this summer with the dramatic collapse — the fourth in seven years — of the Doha Round talks aimed at slashing tariffs, subsidies and other barriers to global commerce.

But veteran diplomats said don’t write off the WTO just yet. They said the 153-country body still plays a vital role setting and enforcing global trade rules. The envoys and experts also said the Doha talks might be blocked, but they are not over.

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