The EU welcomed Vietnam’s accession to the WTO’s Multi-party Interim Appeal Arbitration Arrangement (MPIA), which now includes 58 members covering 59.5 per cent of global trade.
The MPIA provides a functional dispute settlement system amid the WTO Appellate Body’s inactivity.
It ensures rule enforcement and fair arbitration, with independent experts hearing appeals.The EU welcomed Vietnam’s accession to the WTO’s Multi-party Interim Appeal Arbitration Arrangement (MPIA), which now includes 58 members covering 59.5 per cent of global trade.
The MPIA provides a functional dispute settlement system amid the WTO Appellate Body’s inactivity.
It ensures rule enforcement and fair arbitration, with independent experts hearing appeals.
