Trade Justice at a Crossroads: Barriers and Bottlenecks in Dispute Settlement Mechanism of the World Trade Organization
Journal: Legal Research & Analysis
Publication: 2025-03-16 · Vol. 3 No. 1
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Abstract
It is well known that a global disagreement attracts greater attention than the national one, but a trade dispute is more sensitive and need more active consideration. Dispute settlement process of the World Trade Organization (WTO) is a distinctive feature exclusively designed to ensure trade equity and a proactive forum for resolving global trade issues. The World Trade Organization (WTO), which succeeded the General Agreement on Tariffs and Trade (GATT) framework, has been in the force in ensuring stability and efficiency in global commercial relations. As times evolve, global trade is increasingly intricate and linked; its boundaries are becoming more apparent. The dispute settlement process in World Trade Organization (WTO) is not outdated in its function; instead, it calls for modernization to address evolving demands and growing trade patterns. This study examines the structural and procedural dimensions while emphasizing certain practical restrictions, including the exclusion of non-governmental entities and the conditions for inclusion. The research emphasizes procedural issues and implementation inadequacies, suggesting modifications to improve its efficacy, flexibility, productivity, and legitimacy.
