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AfCFTA: 3 Years on, no show — $4trillion market potential untapped

AfCFTA: 3 Years on, no show — $4trillion market potential untapped
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Transcripts for BBCNEWS HARDtalk 20240604 20:39:00

dispute settlement system. usually when a country does not get a ruling that favours it, you know, the us is not the only member that has before made comments when they get an adverse ruling. so that does not mean that the wto or the dispute settlement system is not functioning. i beg to differ. what it shows is that perhaps the most powerful economy in the world now feels free to entirely ignore what comes out of the wto. i m going to quote there the us chief trade negotiator, katherine tai. when she heard of the decision from you, from the wto, she said, this body is unelected, not accountable. they have no right to second guess america s national securityjudgment. she said the wto, quote, is walking on very thin ice. the united states is the biggest user of the wto s dispute settlement system. they have brought the largest

Transcripts for BBCNEWS HARDtalk 20240604 04:40:00

you know, the us is not the only member that has before made comments when they get an adverse ruling. so that does not mean that the wto or the dispute settlement system is not functioning. i beg to differ. what it shows is that perhaps the most powerful economy in the world now feels free to entirely ignore what comes out of the wto. i m going to quote there the us chief trade negotiator, katherine tai. when she heard of the decision from you, from the wto, she said, this body is unelected, not accountable. they have no right to second guess america s national securityjudgment. she said the wto, quote, is walking on very thin ice. the united states is the biggest user of the wto s dispute settlement system. they have brought the largest number of cases, 124, since the system was put in place. and they ve been pleased with the rulings they got from many of them.

Transcripts for BBCNEWS HARDtalk 20240604 00:39:00

by the panel, and that is why we have this dispute settlement system. usually when a country does not get a ruling that favours it, you know, the us is not the only member that has before made comments when they get an adverse ruling. so that does not mean that the wto or the dispute settlement system is not functioning. i beg to differ. what it shows is that perhaps the most powerful economy in the world now feels free to entirely ignore what comes out of the wto. i m going to quote there the us chief trade negotiator, katherine tai. when she heard of the decision from you, from the wto, she said, this body is unelected, not accountable. they have no right to second guess america s national securityjudgment. she said the wto, quote, is walking on very thin ice. the united states is the biggest user of the wto s dispute settlement system.

Transcripts for BBCNEWS HARDtalk 20240604 04:40:00

that the wto or the dispute settlement system is not functioning. i beg to differ. what it shows is that perhaps the most powerful economy in the world now feels free to entirely ignore what comes out of the wto. i m going to quote there the us chief trade negotiator, katherine tai. when she heard of the decision from you, from the wto, she said, this body is unelected, not accountable. they have no right to second guess america s national security judgment. she said the wto, quote, is walking on very thin ice. the united states is the biggest user of the wto s dispute settlement system. they have brought the largest number of cases, 124, since the system was put in place. and they ve been pleased with the rulings they got from many of them. they also have the largest number of cases brought against them, 157. so, if the place is not given some satisfaction, why are members still using it?

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