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WTO's step towards dispute settlement process reform

Many WTO members have opted to include a mechanism for resolving trade disputes in their bilateral or regional free trade agreements

World Trade Organisation, WTO

World Trade Organisation (Photo: Reuters)

TNC Rajagopalan

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Towards the end of lastmonth, Usha Dwarka-Canabady, the representative of Mauritiusto the World Trade Organization (WTO) was appointed as ‘facilitator’ for negotiations on reform of the WTO’s dispute settlement process. The deliberations would now build upon the consolidated text which emerged from the earlier informal process and take place on a formal basis, with a work plan, timetable and periodic reports to the WTO members. It is a step towards the goal of securing a fully functioning trade disputes settlement system by 2024, a mandate set by the WTO members at its 12th Ministerial Conference (MC12).

The WTO dispute settlement
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: May 05 2024 | 10:52 PM IST

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