Members of the World Trade Organization (WTO) are set to restart negotiations aimed at reforming the organization's dispute settlement system. This decision comes after a group of WTO countries expressed their commitment to finding a solution to the ongoing deadlock in the dispute resolution process.
The dispute settlement system of the WTO plays a crucial role in ensuring that trade disputes between member countries are resolved in a fair and timely manner. However, in recent years, the system has faced challenges, including a backlog of cases and concerns about the functioning of the Appellate Body.
