Direct-general of the World Trade Organization (WTO) Pascal Lamy on Friday urged world economic powers to take concrete action on the deadlocked Doha-round talks.

As leaders from the Group of Eight (G8) leading industrialized nations prepare for their annual gathering in Germany next week, Lamy said his message to the summit was simply three words "just do it".

If the crucial global trade negotiation, which "is not only technically possible but a political must", ended nowhere, it will be "because of political failures", Lamy said in a keynote speech on globalization and trade to the Brussels Economic Forum.

The G8 summit, though officially composed of the eight most developed European and North American countries as well as Japan, will bring all the key trading powers within the WTO together, as emerging economies like Indian and Brazil were also invited in recent meetings.

The Doha-round talks, initially launched in 2001 with the aim of alleviating poverty through fairer trade practices, came to a deadlock in July 2006 due to sharp differences on agricultural trade and industrial market access among major WTO members.

Source: Xinhua