WTO needs tools to curb 'non-market' practices, fair dispute settlement -USTR's Tai

📆 22/09/2023 10:07 م
📰 YahooFinanceCA

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U.S. Trade Representative Katherine Tai said on Friday that the United States wants a 'fair and effective' dispute settlement system at the World Trade Organization, adding that the 28-year-old body needs better tools to handle 'non-market' policies -- a veiled reference to China. Tai said in excerpts of remarks to be delivered at a forum in Washington alongside WTO Director General Ngozi Okonjo-Iweala, that WTO member countries need to commit to a reform agenda that puts workers first and puts the trade body at the center of efforts to tackle climate change.

U.S. Trade Representative Tai testifies before a Senate Finance Committee hearing on Capitol Hill in Washington

Tai said in excerpts of remarks to be delivered at a forum in Washington alongside WTO Director General Ngozi Okonjo-Iweala, that WTO member countries need to commit to a reform agenda that puts workers first and puts the trade body at the center of efforts to tackle climate change. "The United States wants a WTO where dispute settlement is fair and effective and supports a healthy balance of sovereignty, democracy, and economic integration," Tai will say at the Center for Strategic and International Studies in Washington.

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