The European Commission announced, on Friday 27 March, that the EU had joined 15 other members of the World Trade Organisation (WTO) in identifying an arrangement to resolve their trade disputes, the time to resolve the paralysis of the organization's Appellate Body (AB).
This agreement "delivers on the political commitment taken at ministerial level in Davos in January" (see EUROPE B12411A8), stressed Trade Commissioner Phil Hogan in a statement. Based on the WTO's two-stage appeal...