Print Friendly, Pdf &Amp; Email

PIB Summary for UPSC

29 February -2024

1. India calls for restoration of Appellate Body and Dispute Settlement Reforms at ongoing WTO Ministerial Conference-13 in Abu Dhabi

Topic: GS2 – International Relations – Important International institutions, agencies and fora
Critical for UPSC as it involves India’s stance at WTO, emphasizing Appellate Body restoration and Dispute Settlement (DS) reform’s multilateralization.
  • India, at WTO’s 13th Ministerial Conference, urges the urgent restoration of the non-functional Appellate Body and formalization of Dispute Settlement (DS) reform discussions, emphasizing the need for inclusivity and transparency.
 Additional information on this news:
  • India, at the WTO’s 13th Ministerial Conference, emphasized the urgent need to restore the non-functional Appellate Body, a key component of the Dispute Settlement (DS) system, disrupted since December 2019.
  • The absence of the Appellate Body raised concerns about the credibility of the WTO and its rules-based trade order.
  • India recalled the commitment made at the 12th Ministerial Conference for a fully functional DS system accessible to all Members by 2024.
  • Despite deficiencies in the informal DS reform discussions over the past year, India engaged in good faith but highlighted challenges faced by developing countries, especially least-developed countries (LDCs).
  • India proposed a three-point action plan: transition reform discussions to formal WTO bodies, ensure effective multilateralization, and prioritize the restoration of the Appellate Body to uphold a credible and reliable multilateral trading system.
More about World Trade Organisation (WTO)
  • The World Trade Organization (WTO) is an international organization that deals with the global rules of trade between nations.
  • Established on January 1, 1995, the WTO replaced the General Agreement on Tariffs and Trade (GATT) and expanded its scope to include services and intellectual property.
  • The primary goal is to facilitate trade negotiations, resolve trade disputes, and establish a framework for international trade rules.
  • The WTO operates on the principles of non-discrimination, transparency, and reciprocity, aiming to create a level playing field for all member countries.
  • There are 164 member countries, representing a significant portion of the global economy.
  • The organization holds ministerial conferences regularly to address trade issues and make decisions on policy matters.
  • The WTO’s Dispute Settlement Body helps resolve trade disputes among member countries through a structured legal process.
  • Critics argue that the WTO faces challenges in addressing the diverse interests and development needs of its member countries.
Appellate Body & Dispute Settlement (DS) of WTO
  • Dispute Settlement (DS): WTO’s system for resolving trade disputes between member countries.
  • Appellate Body: Established in 1995 under the DSU agreement.
  • Composed of: 7 individuals with legal and trade expertise, appointed for 4-year terms with one reappointment possible.
  • Function: Reviews appeals from reports issued by panels in disputes.
  • Powers: Uphold, modify, or reverse legal findings and conclusions of panels.
  • Reports: Adopted by the Dispute Settlement Body (DSB) unless all members reject.
  • Current Status: Not functioning due to lack of appointments, impacting the WTO’s dispute settlement process.
PYQ: What are the key areas of reform if the WTO has to survive in the present context of ‘Trade War’, especially keeping in mind the interest of India? (250 words/15m) (UPSC CSE (M) GS-2 2018)
Practice Question:  Critically examine the current status of the Appellate Body within the WTO’s dispute settlement system and its implications for global trade governance. (150 words/10 m)

For Enquiry

Search By Categories
22 April 2024 : Daily Answer Writing
Mains Answer Writing 22-April-2024 Q1) The Green Revolution, with its focus on land productivity, created...
22 April 2024 : The Hindu Editorial Notes PDF
The Hindu EDITORIAL 22-April-2024 1. Preparing India for water stress, climate resilience Topic:...
22 April 2024 : Daily Current Affairs
Daily Current Affairs 22-April -2024- Top News of the Day 1. Global Coral Bleaching Crisis: Urgent Action...
22 April 2024 : PIB Summary for UPSC Copy
PIB Summary for UPSC 22-April-2024 1. PM inaugurates 2550th Bhagwan Mahaveer Nirvan Mahotsav on occasion...
22 April 2024 : Indian Express Editorial Analysis
Indian Express Editorial Analysis 22-April-2024 1. Cures, care, competition Topic: GS2 – Governance...
20 April 2024 : Daily Answer Writing
Mains Answer Writing 20-April-2024 Q1) Assess the present computational methodology for Gross Domestic...
20 April 2024 : Daily Current Affairs
Daily Current Affairs 20-April -2024- Top News of the Day 1. Israeli Military Strikes Iran in Apparent...
20 April 2024 : PIB Summary for UPSC
PIB Summary for UPSC 20-April-2024 1. High turnout in Phase 1 of Lok Sabha Elections 2024 despite heat...

© Copyright  All Rights Reserved


Head Office :- Office No-2 & 3 ,LGF,Apsara Arcade,Adjacent Karol bagh Metro,Old Rajinder Nagar ,New Delhi-110060

2nd Office:- Metro station, 2nd floor, 5B, Pusa Rd, opp. to Metro Pillar no. 110, near Karol Bagh, Block B, Karol Bagh, New Delhi, Delhi 110005

Call us : 9654638994