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Exclusive-Reform proposals emerge to fix WTO by early 2024

World Trade Organization members have begun reviewing reform proposals designed to address U.S. concerns in what a key negotiator called the "last chance" to restore the trade watchdog's ability to settle trade disputes. The draft proposals seen by Reuters represent what WTO delegates say is the most serious attempt so far to fix the broken dispute settlement system. It envisages such reforms as time limits on resolving disputes and a new way to allow countries to give feedback on rulings they disagree with. ....

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Exclusive-Reform proposals emerge to fix WTO by early 2024 - document

World Trade Organization members have begun reviewing reform proposals designed to address U.S. concerns in what a key negotiator called the last chance to restore the trade watchdog s ability to. ....

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Exclusive: Reform proposals emerge to fix WTO by early 2024 - document

Exclusive: Reform proposals emerge to fix WTO by early 2024 - document
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WTO chief pushes for reglobalized supply chains to cut down bottleneck risks

World Trade Organization Director-General Ngozi Okonjo-Iweala urged diversification in global supply chains, amid ongoing efforts to progress the body’s reform. “There is an overconcentration of manufacturing in certain sectors in certain countries,” she told CNBC’s Martin Soong on the sidelines of the latest weekend summit of G-7 (Group of Seven) major economic powers in Hiroshima, […] ....

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WTO Chief Pushes for Reglobalized Supply Chains to Cut Down Bottleneck Risks

WTO Director-General Ngozi Okonjo-Iweala stressed the need to avoid reliance on a handful of manufacturing countries for key products. ....

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