US takes fire at WTO trade policy forum

AFP  |  Geneva 

Major economic powers took aim at the on Monday at a forum, where was accused of abandoning its leadership role for the sake of self-interest.

Speaking first after a US presentation, Chinese said the US was not honouring its obligations as the world's largest economy.

"A top dog should act like a top dog. It cannot only see a narrow spectrum of its own self-interest, and it certainly should not do whatever it wishes at the sacrifice of others," Zhang said, according to quotes distributed from the closed-door meeting by a

The 164-member WTO has been one of many fronts where the US-trade war has played out.

Trump's WTO envoys have consistently condemned the WTO for failing to respond to threats posed by and letting it defy market-based global trading rules with impunity.

US insisted would continue to push for reform but insisted that without action to challenge the WTO's importance would diminish.

"We must recognise that the WTO (the US) helped create, and the WTO we seek, is in key respects not the WTO we have today," Shea said.

The WTO must recognise that China's conduct is "contrary to the fundamental principles of this organisation," he added.

The has voiced support for some US efforts to challenge China within the WTO.

But EU said Monday that was at the "epicentre" of the crisis affecting the multilateral trading system.

"The US has (in the past) consistently sought to uphold WTO rules, and ambivalence about their value casts a long shadow to the future," he told the forum.

and also joined the fray, restating criticism over Trump's and aluminium tariffs.

Beyond China, Washington has also targeted the WTO's dispute settlement system -- sometimes dubbed the supreme court of world trade.

Shea on Monday again accused WTO judges of having an "activist approach" and overstepping their mandate by making pronouncements on issues that must be decided through negotiations.

The US has blocked the appointment of new judges to the dispute panel's appellate branch, which could force it to shut down by the end of next year.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 17 2018. 22:30 IST