Event 23 Oct. 2024
Counsel Mohannad El Murtadi Suleiman to Speak at the 2nd Annual Africa Arbitration Day in New York
more
Podcast 14 Oct. 2024
Curtis Law in London
Event 18 Aug. 2023
Partner Borzu Sabahi Speaks at FDI Moot Shenzhen
News 25 Jul. 2023
Partner Eric Gilioli Ranked in Top 10 Influential Energy & Natural Resources Lawyers in Kazakhstan in Business Today
News 09 Apr. 2024
Curtis Announces New Partners and Counsels Across Offices in Spring 2024
Client Alert 28 Dec. 2023
U.S. to Impose Secondary Sanctions on Non-U.S. Banks For Financing Russia’s Defense Industry
News 28 Aug. 2024
Curtis Recognized for Excellence in Arbitration in Chambers Latin America Guide 2025
Event 22 Aug. 2023
Partner Dr. Claudia Frutos-Peterson to Speak at Arbitration and ADR Commission of the ICC Mexico
News 08 Oct. 2024
Curtis Boosts London Finance and Corporate Capability with Appointment of Partner Christopher Harrison
News 15 Aug. 2023
Legal Reader Publishes Article on Dr. Majed Alotaibi’s Arrival as Senior Counsel in Curtis’ Riyadh Office
News 24 Aug. 2023
Curtis Attorneys Quoted in CoinDesk on FTX Founder Sam Bankman-Fried’s Strategy Ahead of His Criminal Trial
Client Alert 10 Jul. 2024
EU Adopts New Restrictive Measures Against Belarus
Client Alert 26 Jun. 2024
The EU Adopts its 14th Sanctions Package Against Russia
client alert
UK Government Permits Acquisition of Shares by Company Owned by Sanctioned Oligarchs
news
Fernando Tupa to Speak at 18th Annual Investment Treaty Arbitration Conference on Sovereign Wealth Fund Protection
International Trade
Dispute settlement procedures, in the context of the World Trade Organization, are contained within the Understanding on Rules and Procedures Governing the Settlement of Disputes. This agreement was negotiated and signed at the 1994 Conference in Marrakesh and outlines the procedures, including consultation and adjudication, members of the WTO must move through to reach a final decision in trade disputes.
The WTO dispute settlement understanding refers to the Understanding on Rules and Procedures Governing the Settlement of Disputes. Negotiated and signed by the members of the World Trade Organization, the Understanding explains the substantive and procedural rules that govern disagreements and trade disputes between member nations of the WTO.
While a variety of opinions exist with respect to the efficacy of dispute settlement at the WTO, there is a general consensus that dispute settlement at the WTO works more effectively than those addressed through a previous international body, the General Agreement on Trade and Tariffs (GATT). That said, critics have identified the lack of any powerful enforcement mechanisms and a lack of speed as negatives in the process.
Daniel Porter
Partner
WTO and International Trade Dispute Settlement
Washington, D.C.
+1 202 452 7373
Beijing
+86 10 8564 6200
Brussels
+32 2 313 37 31
Geneva
+41 22 718 3500
We use cookies on our website to enhance your browsing experience, match your interests and assess our website performance. We do not share information with any third-party for marketing purposes. Please view our privacy policy to learn more about the use of cookies on our website. By continuing to browse our website, you consent to our use of cookies.