“The game of US hegemony in the WTO” – WORLD
“The game of US hegemony in the WTO”The draft, which was submitted to the World Trade Organization (WTO) on March 27 to initiate the process of choosing a new member of the WTO Appeal Board, was vetoed for the 63rd time by a US vote.The draft, which was submitted to the World Trade Organization (WTO) on March 27 to initiate the process of choosing a new member of the WTO Appeal Board, was vetoed for the 63rd time by a US vote. election of new members. While at least 3 members were required to be present on the Appeal Commission to make a decision, in December 2019 only one member was on duty. For this reason, the WTO appeals body has not been able to make new decisions since December 2019. Why the US Blocks the WTO Dispute Resolution Mechanism With the rise of new economies, existing WTO rules have begun to limit the incoherence of US trade policy, analysts say. Washington, which has promoted trade protectionist policies in recent years, has launched a trade war against various parties, especially the European Union (EU) and China. Realizing that they could not control the WTO, the US blocked the organization’s appeal board in order to protect its interests. By blocking the WTO appellate body, the United States indefinitely extends enforcement of damaging WTO decisions under the pretext that the appellate body is not functioning. Such manipulations by Washington have caused discontent in many countries. International rules should apply equally to all countries of the world. “Respect the rules” has always been the slogan of American politicians. But the truth is that they follow the rules for their own benefit, but block the rules that are harmful to them. The “US first” policy undermines the rules of global trade, while international rules are not US monopoly rules and serve not only the US. The United States, having disabled the WTO dispute resolution mechanism, is establishing hegemony in the world through its manipulations.
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