Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
The World Trade Organization and the global trading system are facing serious challenges in terms of unilateral measures and counter measures by some members, deadlock in important areas of negotiations and ongoing impasse in the appointment of members of the Appellate Body of WTO’s dispute settlement mechanism. These challenges have necessitated a discussion among members for reforms in the WTO, with a view to plug the gaps in the WTO rules and procedures. India, as a strong supporter of the multilateral trading system,supports reforms of the WTO provided that the process is inclusive and addresses the developmental concerns of developing and least developing countries.
There has been an impasse in the matter of selection of members of the Appellate Body Members of the WTO. The robust Dispute Settlement Mechanism of the WTO ensures that the rules of global trade agreed at the forum are not breached by members. India has been engaging with several WTO Members on the way forward at the WTO. India has recently co-sponsored a proposal with the European Union and other members on reform of the dispute settlement mechanism addressing various challenges. The proposal, inter alia, addresses various imperative issues of timelines, the appointment process of the Appellate Body members, their tenure and other conditions so that the Appellate Body and the Dispute Settlement Mechanism work more efficiently.
This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in written replies in the Lok Sabha today.
Dispute settlement reform: India co-sponsors proposal to revise Appellate Body appointments, timelines and tenure to improve efficiency. Appellate Body appointment impasse, procedural delays and unilateral measures have weakened the WTO Dispute Settlement Mechanism. India conditionally supports inclusive reforms that address developmental concerns and has co sponsored a proposal with the European Union and other Members targeting timelines, the Appellate Body appointment process, member tenure and related conditions to improve the efficiency of the Appellate Body and the Dispute Settlement Mechanism.Press 'Enter' after typing page number.