Ten WTO member countries, including India, have suggested expeditious resolution of problems being faced by the dispute settlement body and called for addressing issues emanating from unilateral actions taken by some countries.
In a paper for strengthening the WTO to promote development and inclusivity, these 10 countries have emphasised that the special and differential treatment for developing and least developed countries should continue arguing that it was a non-negotiable right.
"The immediate priorities for reform at the WTO must include -- resolving the crisis in the appellate body; and addressing the unilateral actions taken by some members," it said.
Appellate body is an important organ of the WTO's dispute settlement mechanism and the US is creating a roadblock in the appointment of judges in the body.
The minimum quorum (3) for functioning of this body will end on December 10, after which it will become dysfunctional.
It said "a sine qua non (an essential condition) for strengthening the system is unblocking the vacancies in the appellate body. This is an urgent priority since in the absence of a functional, effective and independent mechanism for enforcing rules, negotiating new rules in any area makes no sense".
Further, countries like the US have taken unilateral actions such as imposing high import duties, which has triggered trade war.
The paper also stressed that said the WTO reform must reaffirm the principle of special and differential treatment (S&DT), which is a "treaty-embedded, non-negotiable right" for all developing countries.
"Through this concept paper, we seek to identify the issues that must be addressed if the WTO is to be strengthened in a balanced manner," it added.
The S&DT are flexibilities provided to developing countries in the WTO. Under this, they enjoy benefits like higher domestic support for the agriculture sector and longer time periods for implementing agreements and binding commitments.
Besides India, the other countries are South Africa, Bolivia, Cuba, Ecuador, Malawi, Oman, Tunisia, Uganda and Zimbabwe.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
