The 13th Ministerial Conference of WTO in Abu Dhabi renewed commitment to a well-functioning Dispute Settlement Mechanism (DSM) by 2024, crucial for the rules-based multilateral trading system.
Countries in the World Trade Organization are resuming stalled negotiations on fixing its dispute settlement system by the end of this year, a document showed on Friday, after they overcame difficulties in choosing a chief negotiator. Ambassador Usha Dwarka-Canabady from Mauritius, a career diplomat, was announced as chief negotiator this month after at least three other ambassadors turned the role down, trade sources said. The previous facilitator, Marco Molina from Guatemala, was abruptly dismissed by his government in February despite widespread praise for his approach which, unlike other WTO talks, sought to reduce haggling by encouraging co-authorship of new rules.
Countries in the World
Trade Organization are resuming stalled negotiations on fixing
its dispute settlement system by the end of this year, a
document showed on Friday, after they overcame. -April 26, 2024 at 09:09 am EDT
- MarketScreener
WTO Countries to Reboot Dispute Reform Negotiations usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
WTO may be close to fixing dispute settlement system producer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from producer.com Daily Mail and Mail on Sunday newspapers.