Restoring dispute settlement system quickly very important for WTO: Goyal

PARIS:  Commerce and Industry Minister Piyush Goyal on Sunday said that finalising and restoring a dispute resolution mechanism of the World Trade Organisation (WTO) quickly is important to maintain the core philosophy of the Geneva-based multi-lateral body.

He said that a mini-ministerial meeting of the WTO will be held on June 3 where trade ministers of all the major economies would discuss ways to strengthen the multilateral trading systems, WTO reforms, and work towards open and expansive international trade .

“It is very important that we finalise and restore a dispute resolution mechanism quickly so that the principles of the WTO can be adjudicated upon and justice can be delivered,” he told reporters here. PTI