THE DISPUTE SETTLEMENT UNDERSTANDING OF THE WORLD TRADE ORGANIZATION: CONTINUITY AND CHANGE

Eze, Uzor Kenneth and Iloh, Friday Okechukwu (2019) THE DISPUTE SETTLEMENT UNDERSTANDING OF THE WORLD TRADE ORGANIZATION: CONTINUITY AND CHANGE. CHUKWUEMEKA ODUMEGWU OJUKWU UNIVERSITY LAW JOURNAL, 5 (1). pp. 45-67. ISSN 2141-0585

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Abstract

There is a level of anxiousness to device means of correcting the lapses existing under the current mechanism of settlement of international trade disputes through the Dispute Settlement Understanding of the World Trade Organization. This anxiousness not only intensifies the culture of fear about the unfair practices under the Dispute Settlement understanding processes, but they also increase demands for pressurizing the World Trade Organization to respond. This paper is therefore aimed at presenting a review of the problems inherent in the settlement of trade disputes using the Dispute Settlement Understanding processes. It raises the pertinent issue of continuity and change with respect to this Dispute Settlement Understanding. It is hereby argued that the Dispute Settlement Understanding is deficient and so, the processes and procedures adopted under it should be amended towards achieving the best result. It cannot be over emphasized that anything short of the best result would negatively affect not only the economies of the disputing states but the global economy as a whole. The method adopted in this research is mainly doctrinal. It has been found that with the increasing vulnerability of developing countries within the global economic politics, more attempts should be made towards protecting them in trade disputes involving them and the developed countries. This paper concludes that, if this Dispute Settlement Understanding should subsist, there is need to improve upon it.

Item Type: Article
Subjects: K Law > K Law (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Law
Depositing User: Uchenna Eneogwe
Date Deposited: 10 Jun 2025 11:22
Last Modified: 10 Jun 2025 11:22
URI: http://eprints.gouni.edu.ng/id/eprint/4810

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