In a significant breakthrough, 16 Members of the World Trade Organization (WTO), covering a large share of world trade, have announced an arrangement on the settlement of trade disputes between them. Known as the Multiparty Interim Appeal-Arbitration Arrangement (MPIA), the arrangement bridges a crucial gap in the WTO system that results from the WTO Appellate Body’s temporary inability to hear appeals. The MPIA uses Article 25 of the WTO Dispute Settlement Undertaking to enable appeals within the existing WTO framework and, in so doing, preserves binding WTO dispute settlement between the MPIA parties.
Sidley hosted a series of webinar on this topic and the recording are available below. In each session, participants will gain insights directly from the diplomats who successfully negotiated the MPIA, as well as other thought leaders in the WTO community.
For an overview of the MPIA, please see this recent Sidley Update.