Minister for Trade and Industry, Kobina Tahir Hammond, is calling for improved systems will enable developing countries like Ghana to effectively participate in negotiations of the World Trade Organisations (WTO).
Mr. Hammond also wants the restoration of a fully functional two-tier dispute settlement mechanism.
This, he proposed should be made up of Panels and the Appellate Body to give the multilateral trading system (MTS) the needed predictability and certainty.
Additionally, Mr. Hammond is pressing for transparency of governments’ trade measures, especially as it pertains to export prohibitions and restrictions as witnessed during the height of the COVID crisis.
“An issue of much concern as I welcome you to Ghana, your Excellency there seems to be lack of proper dispute settlement due to the collapse of the appellate body some time ago which didn’t give parties more room to appeal on their issues. I will like to urge you to take a critical look at it and find a lasting solution to it so that we have a proper adjudicator system” he said.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
