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Saturday, August 12, 2017

Japan and the EU accused the US of undermining the foundations of the WTO


The European Union, Japan, Brazil and several other members of the world trade organization (WTO) has accused Washington of aggressive behavior and sabotage existing principles of the discussion. The occasion was the refusal of the Americans to appoint to the new term a judge from South Korea Jang sunhwa.


photo: pixabay.com

Expires may 31, a four-year term judges. The Americans accused him of that during his tenure, he allegedly took some “abstract” solutions. US officials stressed that the appellate body may not be an academic Institute, reports RNS.

Dissatisfied with this decision, WTO members stated that such an approach Washington could negatively affect the impact of the appellate body and its independence, and then by a discussion on the whole system of the organization.

At the same time in the near future in the courts, the WTO needs to consider a few important things, including should discuss the status of China, which can be translated into the category of a market economy. This will increase the chances of Beijing in various anti-dumping lawsuits, which are regularly conducted in relation to China.

In Beijing believe that you should receive this status automatically, as in December 2016 will mark 15 years since the country’s accession to the WTO. In Washington insist that to solve this question can only be the court of appeal.

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