WTO DISPUTE SETTLEMENT AND THE CHALLENGES AROUND IT

Abstract

The main issue considered in the present research work is the challenges that developing countries experience when participating in the Dispute Settlement Body (DSB) of the World Trade Organization (WTO). Developing countries and the least developed countries are faced with limitations of the DSB and, therefore, this research examines the most substantial aspects of these limitations. The current research discusses the financial and legal constraints encountered by developing countries and the least developed countries. This research also explains the need to ameliorate the Dispute Settlement Understanding (DSU). Moreover, the current work scrutinizes the disproportionate use of DSBs for developing countries. It is observed from WTO case law that rulings and proposals based on the DSU not only influence the parties of a dispute but also may impact a considerably broader group of countries. To maintain the progressive, foreseeable and liberal development of world trade, the DSB engages in resolving trade conflicts between the WTO member states. To reach this feasible goal, the integrity and impartiality among members should be increased.