International Legal and Economic Aspects of Dispute Resolution within the WTO in the Context of International Integration

Abstract

The article discusses issues related to the settlement of disputes within the framework of the World Trade Organization, as well as assesses the advantages and disadvantages of this system. The specific problems of the dispute settlement system functioning today are considered, and options for optimizing the dispute resolution mechanism and various ways to improve the effectiveness of legal remedies in cases of non-compliance with decisions are proposed. Special attention is paid to the latest topical disputes involving the Russian Federation, the European Union, Ukraine, China and USA resolved within the framework of the World Tr ade Organization, as well as to the crisis faced by the organization due to the absence of a permanent appeals body.

Keywords

• trade dispute resolution
• dispute resolution mechanism
• non-discrimination principle
• wto
• european union
• dispute resolution body
• gatt
• appeals body
• arbitration panel