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The Hindu
The Hindu
National
PTI

Tough task ahead to make WTO's dispute settlement system fully functional: Experts

WTO Ajay Srivastava The European Union

Members of the World Trade Organization will have a tough task ahead to make WTO's dispute settlement system fully functional by 2024 due to divergent approaches proposed by countries like China, and the European Union, experts say.

On September 9, G-20 leaders expressed their commitment to conducting discussions for having a fully and well-functioning dispute settlement system of WTO by 2024.

Besides formulating norms for global exports and imports, the Geneva-based 164-member multi-lateral body adjudicates trade disputes among the member countries.

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