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WTO Reform: Faster Dispute Settlement and Increased Transparency.

This House Resolution calls for the United States to remain committed to the World Trade Organization (WTO) and work towards its reform. The aim is to improve the speed and predictability of trade dispute settlement, increase transparency, and ensure fair treatment for developing countries. These changes seek to create a more predictable and equitable international trading system, which could indirectly affect the availability and prices of imported goods.
Key points
The United States seeks to make the WTO dispute settlement process faster and more predictable.
Calls for increased transparency in WTO operations, including public access to dispute information.
Emphasizes the need to ensure special privileges for developing countries are used only in appropriate circumstances.
The US aims to update WTO rules to better meet the needs of the modern global economy.
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Additional Information
Expressing the sense of the House of Representatives that the United States should reaffirm its commitment as a member of the World Trade Organization (WTO) and work with other WTO members to achieve reforms at the WTO that improve the speed and predictability of dispute settlement, address longstanding concerns with the WTO's Appellate Body, increase transparency at the WTO, ensure that WTO members invoke special and differential treatment reserved for developing countries only in fair and appropriate circumstances, and update the WTO rules to address the needs of the United States and other free and open economies in the 21st century.
Print number: HRES 382
Sponsor: Rep. Kind, Ron [D-WI-3]
Process start date: 2021-05-11