WTO
The differences that arise in the WTO are essentially about broken promises.
WTO Members have agreed to use the multilateral system of dispute settlement rather than taking action unilaterally.
What it means to follow agreed procedures and respecting judgments.
Why a dispute arises?
A dispute arises when a country adopts a trade policy measure or takes one or more other WTO Members believe that violates the provisions of the Organization or constitutes a breach of obligations.
A third group of countries can declare that you are interested in the question, what makes him some rights. Facts
existed under the old GATT and a dispute settlement procedure
The Uruguay Round Agreement established a more structured process.
The agreement emphasizes that the WTO is to function effectively is essential to the prompt settlement of disputes.
are established in great detail the procedure and timetable to be followed to resolve the differences.
the Uruguay Round agreement also made it impossible for the country losing a case to block the adoption of the resolution.
How long does it take to settle a dispute?
approximate periods for each stage of dispute settlement proceedings are indicative: the agreement is flexible. In addition, countries can settle their dispute themselves at any stage. Totals are also approximate.
How are disputes settled?
Stages Stage: consultation (up to 60 days)
Second stage: the panel (up to 45 days for a panel, plus six months for it to conclude). Appeals
Either side can appeal the panel ruling. Sometimes they do both. Appeals must be based on points of law.
Each appeal is heard by three members of a standing Appellate Body established by the Dispute Settlement Body and composed of seven members broadly representative of the membership of the WTO.
The Appellate Body members are appointed for a period of four years. Should be persons of recognized competence in international trade law and are not affiliated with any government.
The appeal can uphold, modify or reverse the legal findings and conclusions of the panel.
The case has been decided: what next?
If a country has done something he should not do, is to rectify quickly.
If the country complained of loss, you must follow the recommendations in the report of the Panel or Appellate Body.
The Dispute Settlement Body monitors how adopted rulings are.
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