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Washington Once Again Supports The WTO

The United States Trade Representative , Ambassador Katherine Tai, reaffirmed the Biden Administration’s commitment to the World Trade Organization (WTO) on Thursday , stating that it is possible to reach a consensus on several trade and health proposals planned next month.

The world trade body has faced doubts and criticism in recent years about both its role and relevance. Now its director general, Ngozi Okonjo-Iweala , is under pressure so that in the meeting of November 30 to December 3 the WTO accelerates its reforms and achieves its first multilateral trade agreement in years.

Smooth things
“The Biden-Harris administration believes that trade – and the WTO – can and should be a force for good that fosters a race to the top and addresses global challenges as they arise,” Tai acknowledged in a speech in his first trip to Geneva (Switzerland). Many observers blame Washington for the paralysis of the main WTO dispute settlement panel.

The Appellate Body has been unable to rule since December 2019 and Biden’s trade officials have not withdrawn their opposition. Tai reiterated the US criticism of this panel and called for a “correction” of the process to resolve disputes.

The United States Trade Representative , Ambassador Katherine Tai, reaffirmed the Biden Administration’s commitment to the World Trade Organization (WTO) on Thursday , stating that it is possible to reach a consensus on several trade and health proposals planned next month.

The world trade body has faced doubts and criticism in recent years about both its role and relevance. Now its director general, Ngozi Okonjo-Iweala , is under pressure so that in the meeting of November 30 to December 3 the WTO accelerates its reforms and achieves its first multilateral trade agreement in years.

Smooth things
“The Biden-Harris administration believes that trade – and the WTO – can and should be a force for good that fosters a race to the top and addresses global challenges as they arise,” Tai acknowledged in a speech in his first trip to Geneva (Switzerland). Many observers blame Washington for the paralysis of the main WTO dispute settlement panel.

The Appellate Body has been unable to rule since December 2019 and Biden’s trade officials have not withdrawn their opposition. Tai reiterated the US criticism of this panel and called for a “correction” of the process to resolve disputes.

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