WTO crisis and reform

Will the trading system recover from COVID-19?
Coronavirus response Latest news World Trade Organization WTO crisis and reform

Will the trading system recover from COVID-19?

Which way will the already battered trading system go? The COVID-19 pandemic has seen trade restrictions on medical products spread like wildfire as governments seek to maximise availability of scarce goods to their peoples and their medical teams in a beggar-thy-neighbour fashion. As of early May, a group of researchers …

Iceland, Pakistan, Ukraine join MPIA as new arrangement made official at WTO
Latest news WTO crisis and reform WTO dispute settlement

Iceland, Pakistan, Ukraine join MPIA as new arrangement made official at WTO

The official countdown has now started for a new alternative appeals mechanism to start functioning among a subset of World Trade Organization members who decided they’d stand up for their right to enjoy two-level adjudication of disputes. The MPIA, the acronym for the new ‘arrangement’, was announced one month ago …

EU enforcement regulation makes headway to match alternative WTO appeals mechanism
Latest news Regulations WTO crisis and reform

EU enforcement regulation makes headway to match alternative WTO appeals mechanism

Council members agreed to temporarily bury the hatchet on a regulatory proposal tabled by the European Commission that aims to empower it to take ‘retaliatory’ trade measures should a World Trade Organization counterpart block litigation proceedings. The EU is bent on making sure it can continue to use a two-tier …

Week in Brussels: G20 and EU statements, alternative WTO appeals, palm oil
A week in Brussels Coronavirus response Latest news WTO crisis and reform WTO dispute settlement

Week in Brussels: G20 and EU statements, alternative WTO appeals, palm oil

This week was ‘virtual summit’ week, with a focus on the global coronavirus pandemic and its dramatic economic fallout. G20 leaders gathered virtually on Thursday and European Union heads of government had very long meeting online last night that almost failed. But capitals still managed a joint statement. There were …