WTO top court for trade disputes to lapse for the first time on Dec 10

The top court for trade disputes at the World Trade Organization (WTO) is now set to be defunct for the first time ever, after India and 116 other nations failed to convince the United States to change its opposition to appointing new judges.

A meeting of the WTO’s Dispute Settlement Body (DSB) last week was the last chance for nations to break the more than two-year-long deadlock but saw both sides dig into their positions, sources said. 

Subsequently, the top court for trade disputes at the global forum will now go defunct on December 10. As a result, the fate of multiple