A crisis moment for the Global Trading system the World Trade Organization is Appeals Court is on the course to collapse after successive u. S. Administrations blocks the appointment of new judges global trade looks set to lose its ultimate umpire. The man is not for budging and unless theres an 11th hour breakthrough the face of the World Trade Organizations top of course has been sealed the u. S. Ambassador to the w t o dennis chase says hell continue to block the appointment of new judges whose job it is to rule on trade disputes. Here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what
A crisis moment for the Global Trading system the World Trade Organizations Appeals Court is on course to collapse after successive u. S. Administrations blocks the appointment of new judges global trade looks set to lose its ultimate empire. The man is not for budging and unless theres an 11th hour breakthrough the face of the World Trade Organizations top of course has been sealed us some bosses are to the w t o denis chase says hell continue to block the appointment of new judges whose job it is to rule on trade disputes here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what he said w
Of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature ill get to his statement in a minute but what he said was that he thinks we need to dig deeper and we need to have a broader look at what we might be able to do in order to get a permanent solution to this problem involving the appellate body many of washingtons objections center on rulings related to trade with china. Without a court the 164 member w t o would no longer have a binding dispute Settlement System in a global trade environment that is a ready highly volatile that prospect has many feeling highly alarmed. Lets check in with our china expert cliff coonan who is in hong kong at the moment. Are they really that diffic
Of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature ill get to his statement in a minute but what he said was that he thinks we need to dig deeper and we need to have a broader look at what we might be able to do in order to get a permanent solution to this problem involving the appellate body many of washingtons objections center on rulings related to trade with china. Without a court the 164 member w t o would no longer have a binding dispute Settlement System in a global trade environment that is a ready highly volatile that prospect has many feeling highly alarmed. Lets check in with our tonics both Clifford Coonan who is in hong kong at the moment clifford are they really t
7 judges for whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what he said was that he thinks we need to dig deeper and we need to have a broader look at what we might be able to do in order to get a permanent solution to this problem involving the appellate body many of washingtons objections center on rulings related to trade with china. Without of course the 164. 00 member w t o would no longer have a binding dispute Settlement System in a global trade environment that is already highly volatile that prospect has many feeling highly alarmed lets check in with our tonics both cliff coonan who is in hong kong at the moment clifford are they really t