Alternative to WTO Trade Arbitration Gains Steam as Japan Joins

Japan has become the latest country to join an alternative mechanism for resolving disputes to the World Trade Organization (WTO), it said in a statement on Friday, in a move that observers say could urge others to follow suit.

The top appeals bench of the global trade watchdog which rules on trade disputes has been idle for more than two years because of holds on appointments during the administration of former President Donald Trump. The United States, which continues to resist regular calls to approve appointments, is instead leading discussions on how to reboot the dispute system…

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