TOKYO (Reuters) – Japan said on Wednesday the World Trade Organization’s dispute settlement system was one of central pillars supporting the multilateral trading system and a quick solution was needed to restore the functioning of its appeals court.

The comment came after the collapse of the WTO’s dispute appeals system because of U.S. blocking of appointments to the appellate body.

“It is essential for all Members to take rapid and collaborative efforts to find a prompt solution to restore the functioning of the Appellate Body,” Japanese Trade Minister Hiroshi Kajiyama said in a statement.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link