Win up to 100% Scholarship

Register Now

Revival of WTO Dispute Resolution Mechanism

August 24, 2023

GS Paper III Indian Economy

Context:

India is seeking re-establishment of the dysfunctional dispute resolution mechanism under the World Trade Organisation (WTO).

More about the news:

This move is guided by the principle of common but differentiated responsibility along with a push towards consensus-based decision making.

photo 2023 08 24 23 42 29

World Trade Organization (WTO):

The WTO is the only global international organization dealing with the rules of trade between nations as well as maintaining the free flow of trade between its member countries.
Origin: WTO is an international organization set up in 1995 by replacing the General Agreement on Trade and Tariffs (GATT) under the Marrakesh Agreement.
Headquarters: Geneva, Switzerland
Member Countries: WTO has 164 members and India is a founding member of WTO.

Dispute Settlement Mechanism under WTO

News Source: Indian Express

To get PDF version, Please click on "Print PDF" button.

Recent Post
Most Viewed Post

Kinmen Island, Location, and Map

India and Eurasian Economic Union to start FTA talks

Arogya Maitri Sahayata Cube- Project BHISHM

AI Regulatory Sandboxes

Dust Storms

Use of AI in Drug Development

Social Stock Exchange

Prime- Minister’s Egypt State Visit

Shanan Power Project

Aurora

MSP Hike and its Impact

Natural Rubber Production In India: Status, Government Initi...

Recent Editorial

SC Verdict on Newsclick Shows Adherence to Due Pro...

Stay Invested: On Chabahar and India-Iran Relation...

Credit Rating Agencies, Impact on India’s De...

Catapulting Indian Biopharma Industry

Globalisation Under Threat, US Import Tariffs Have...

Global Report on Hypertension, Global Insights and...

Popular current affairs

Kinmen Island, Location, and Map

India and Eurasian Economic Union to start FTA tal...

Arogya Maitri Sahayata Cube- Project BHISHM

AI Regulatory Sandboxes

Dust Storms

Use of AI in Drug Development

Our Courses

Our Courses

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

Subscribe our Newsletter

Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.

*Promise! We won't spam you.

Yes! I want to Subscribe.

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

Follow Us:

Subscribe our Newsletter

Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.

*Promise! We won't spam you.

Yes! I want to Subscribe.

Contact Details

Download Our App