WTO

US and EU contemplate reshaping WTO after Azevêdo’s departure

The departure of World Trade Organization director-general Roberto Azevêdo offers the US the opportunity to reshape the global body, say analysts — but European diplomats have warned it will take a transatlantic alliance to do so.

Mr Azevêdo announced last week he would leave the WTO in September, a year before his term in office runs out.

Both Democrat and Republican administrations have long accused the WTO of overreaching its remit by issuing quasi-judicial rulings on trade disputes between members, several of which have criticised US anti-dumping rules.

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