EU Revises Plan to Fix WTO in Bid to Get U.S. on Board
- Commission to issue a revised WTO reform paper by mid-December
- Effort seeks to address U.S. concerns with the appellate body
Shipping containers sit on a cargo ship sailing from the Port of Oakland in Oakland, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The European Union is revamping its plan to reform the World Trade Organization in an effort to win support from the U.S., according to two people briefed on the process.
The European Commission, the EU’s Brussels-based executive, is looking to address U.S. concerns about the WTO’s hobbled dispute settlement system when it introduces a revised reform paper prior to the organization’s Dec. 12 general council meeting, the people said, asking not to be identified discussing confidential plans.