Fully Functional WTO Dispute Settlement System By 2024: G20 Leaders
NDTV
Besides formulating norms for global exports and imports, the Geneva-based 164-member multi-lateral body adjudicates trade disputes among the member countries.
The G20 leaders on Saturday expressed their commitment to conduct discussions for having a "fully and well-functioning" dispute settlement system of the World Trade Organisation (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.
The dispute settlement mechanism of the WTO has been derailed due to a non-functional appellate body since December 2019.
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