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Jakarta Post

WTO should stand strong against US subversion: Experts

  • Apriza Pinandita

    The Jakarta Post

Jakarta   /   Wed, December 11 2019   /  12:37 am

A majority of countries, Indonesia especially, want to rely on the World Trade Organization to maintain order in international trade despite United States efforts to weaken the trade dispute settlement body, former WTO director-general Pascal Lamy said on Monday.According to Lamy, 75 percent of the world’s economies believe that using the WTO multilateral platform for settling trade disputes is instrumental as it allows them to use a rules-based (rather than might-based) approach.“Because that is what’s best compared to, for instance, unilateral or bilateral mechanisms,” Lamy said in a discussion hosted by the Jakarta-based Centre for Strategic and International Studies (CSIS).In the two years that the WTO appellate body, which has the final say in upholding, modifying or reversing WTO rulings, has existed, the US has made consistent moves to discredit its decisions and limit its...