Syllabus: GS-III, Subject: Economy, Topic: Trade and External sector, Issue: WTO Dispute Settlement Process
Context: India advocated for the revival of the WTO’s appellate body which has remained defunct for over four years.
- The US has been blocking the appointment of its members since 2019.
WTO dispute settlement process – three main stages:
- Consultations between the parties;
- Adjudication by panels, and, if applicable, by the appellate body;
- Implementation of the ruling
Adjudication process:
- Dispute raised in Dispute Settlement Body (DSB): The General Council of WTO convenes as the DSB to deal with disputes.
- The DSB establishes panels to adjudicate.
- Panels submit reports to DSB which adopts them.
- Members can appeal in the appellate body.
Appellate Body
- To review decisions made by panels in trade disputes between member countries. It can uphold, modify, or reverse findings of panels.
- Consists of 7 members.
- Became defunct due to lack of appointments
+1 Advantage for Mains:
Statement(Mains): “A credible and reliable WTO Dispute Settlement system is the bedrock of an equitable, effective, secure and predictable multilateral trading system.”