Wto, Nieo , Imf Flashcards
1
Q
Usually wto goes for consensus based decision making. When is super majority preferred
A
Super majority voting is utilized for certain specific issues that require a higher level of support to pass. The exact threshold for super majority voting can vary depending on the context, but it typically requires a higher percentage of member support than simple majority voting.
Ex
1. If a two-thirds majority of WTO members vote in favour, the applicant is free to sign the protocol and to accede to the organization
- According to the WTO’s Dispute Settlement Understanding, amendments to the rules governing dispute settlement require the acceptance of three-fourths of the WTO membership.
- Waiver : In exceptional circumstances, the Ministerial Conference may decide to waive an obligation imposed on a Member by this Agreement or any of the Multilateral Trade Agreements, provided that any such decision shall be taken by three fourths