IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

A CRITICAL STUDY OF LAWS AND PRACTICES WITH RESPECT TO SETTLEMENT OF INTERNATIONAL TRADE DISPUTES”

Main Article Content

Dr. Bhanu Pratap Singh Vishwa Bhushan Mishra

Abstract

The world is heading towards globalization, and in this world of ours, international agreements—whether multilateral, plurilateral, or in other forms—become increasingly significant. The World Trade Organisation (WTO) has established a global regulatory framework for the resolution of disputes of goods. However, an analysis of the dispute mechanism and a close examination of different arbitral rulings show that the decision-making process is inconsistent. The goal of the research is to comprehend the WTO Mechanism for resolving disputes from both real-world experiences and its procedural characteristics. In order to achieve this, the researcher's focus has been on global trade organization, which resulted from the Uruguay Round of multilateral trade negotiations. The agreement pertaining to this includes newline articles such as Article XVI with List of Annex, particularly Annex 2, which is connected to newline. Knowledge of the guidelines and processes regulating dispute resolution. The studies address the process and application of dispute resolution in the emerging field of international trade. It discusses the use of dispute settlement mechanisms and examines recent cases that involve both random and selective selection.

Article Details