Economics

Reforming WTO Appeals Body Necessary, Won’t Be Easy, Chief Says

Incoming WTO Director-General Ngozi Okonjo-Iweala speaks with Bloomberg Television.(Source: Bloomberg)
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Reforming the World Trade Organization’s paralyzed dispute-resolution body will be a key priority for the institution, but the process won’t be easy, incoming Director-General Ngozi Okonjo-Iweala said.

“There’s a very great desire to reform the dispute-settlement system with the appellate body,” she said in an interview Wednesday on Bloomberg Television. “Will it be easy? The answer is no. Because if it were easy it would have been done, but I think we can put together an approach and a work program.”