The WTO and TPP amid the U.S.-China trade war

06/29/2020

|

Kazuhito Yamashita | The Japan Times

Robert Azevedo, director-general of the World Trade Organization, will leave the office in August, a year before the end of his term. Behind his sudden resignation is the disfunction of the WTO.

The WTO has two key functions. One is legislative — drawing up new rules on trade in response to economic changes over time through negotiations among the member countries. The other is a judicial — dispute settlement procedures to judge whether member states are following its rules when a trade dispute crops up and to call on violators to correct their behavior.

To read the full article, click here