BANGKOK, Feb 21 (TNA) – Thai Parliament has approved
ASEAN’s protocol for dispute settlement mechanisms and called on the government
to make necessary preparations.
A government representative told the lawmakers that the
protocols improved and updated ASEAN’s dispute settlement mechanisms in line
with the changing environment and World Trade Organization dispute settlement
principles.
The mechanisms for settlement of economy-related disputes
among ASEAN members are improved with specifications on duration of
deliberation and options for panel or arbitration.
A number of lawmakers expressed their supports for the
protocol while many made their observations on the need for some clarifications
such as the proportion of dispute settlement panel members.
Members of Parliament then voted to approve the
protocol.(TNA)
