World Trade Organization members have agreed to a 3.6% percent hike in the WTO’s regular budget for 2024, an increase of about CHF 7.09 million (approximately $7.1 million) from CHF 197.2 million in 2023 to approximately CHF 204.29 million in 2024.
A separate proposal for increased contribution to the WTO Pension fund of CHF 4.4 million (around $4.5 million) was turned down by India, Indonesia and Russia till the Secretariat carries out substantial reforms, said people familiar with the development.
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