WTO Members Accept Korean-US request for further time for talks on
Washers Safeguard Dispute
WTO members agreed at a special meeting of the Dispute Settlement
Body (DSB) on 7 July to give Korea and the United States further time to discuss
a possible settlement in the dispute initiated by Korea regarding a US safeguard
measure on large residential washers.
Korea and the United States jointly asked the DSB to agree
that, no later than 5 October 2022, the DSB will adopt the panel's findings in the
dispute "United States – Safeguard Measure on Imports of Large Residential
Washers" (DS546) unless (i) the DSB decides by consensus
not to do so or (ii) either party to the dispute notifies the DSB of its decision
to appeal the ruling.
The DSB agreed to accept the joint request from Korea and
the United States.
The request was the second time Korea and the United States
had sought the DSB's green light to extend the discussions. A first request was approved by the DSB on 8 April
for a period running until 7 July.
Korea said it hoped to have an amicable solution with the
United States to the dispute as soon as possible.
The United States said the Korea-US request would facilitate
the resolution of the dispute and that it remains open to further discussions with
Korea on the way forward.
The panel in the DS546 dispute issued its report to WTO members
on 8 February 2022. Under the WTO's Dispute
Settlement Understanding, a panel report must normally be adopted by the DSB within
60 days of the report's circulation to members unless either party notifies its
intention to appeal.