Mandelson: We must make sure what we’ve achieved is not lost

THE world trade talks which collapsed in Geneva this week should be renewed later in the year, European Union chief negotiator Peter Mandelson suggested yesterday.

He said the world economy had lost a much-needed “insurance policy” with the failure of the marathon negotiations to liberalise international commerce.

“So, in the autumn, after a summer of reflection, we must renew our dialogue, nurture our relationships and talk like adults about where we go from here.