A WTO arbitrator was tasked on 19 March with determining the level of trade suspension Indonesia may impose on the European Union in the palm oil biofuels dispute, following Indonesia’s request to suspend concessions worth US$ 2.8–5.6 billion annually. At the same meeting, the Dispute Settlement Body (DSB) also agreed to the EU’s second request for a panel to review Chinese measures on global licensing terms for standard essential patents.World Trade Organization — Latest news
