WTO Dispute settlement Subject : International Relations Section: International organisations Concept : In 2022, the member-countries of the World Trade Organization (WTO) resurrected the dispute settlement system (DSS), also called WTO’s ‘crown jewel’, by 2024. Dispute Settlement System (DSS) The Dispute Settlement System (DSS) was established to settle trade disputes between WTO members. […]
Subject: Economy Context: India has said that China’s complaint at the World Trade Organisation (WTO) against the country’s foreign direct investment (FDI) policy and banning of apps such as TikTok doesn’t hold merit as no global laws were violated and instead Beijing should reflect on its own transparency record. However china hasn’t filed a formal […]