New Zealand's food and beverage exporters urge WTO to fix appeals process
New Zealand's food and beverage exporters urge WTO
Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.
[13 December, The Country]
Major New Zealand exporters of food and beverage are urging members from the World Trade Organisation to accelerate efforts to fix its currently suspended trade disputes mechanism. Attempts to reach a consensus on the Appellate Body WTO have failed leaving it unable to function. The Appellate body adjudicates on contested rulings over disputes between member states. The members stated that a stable enforceability mechanism provides certainty and confidence for exporters and that efforts need to be doubled to engage constructively in the reform process. The members report that the WTO had a major part in the growth of New Zealand economy over the past 25 years.
To read this week's full edition of Field Notes, please click here.
To read the full original article, please click here.
© 2021 KPMG, a New Zealand Partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.