On September 9, G-20 leaders expressed their commitment to conducting discussions for having a fully and well-functioning dispute settlement system of WTO by 2024. Also Read | Restoring the World Trade Organization’s crown jewelThe dispute settlement mechanism of WTO has been derailed due to a non-functional appellate body since December 2019. “G-20 members have agreed to pursue WTO reforms, specifically aiming for a functional dispute settlement system accessible to all members by 2024. Also Read | Dispute settlements that have no parallel"But what is more important is the leaders' call to make WTO dispute settlement system functional and accessible to all members by 2024. The main problem at present in the WTO dispute settlement mechanism is its non-functional appellate body.

Source: The Hindu September 11, 2023 12:50 UTC