Dispute Settlement in the World Trade Organization (WTO): An Overview
Abstract:
Dispute settlement in the World Trade Organization WTO is carried out under the WTO Understanding on Rules and Procedures Governing the Settlement of Disputes DSU. In effect since January 1995, the DSU provides for consultations between disputing parties, panels and appeals, and possible retaliation if a defending party fails to comply with a WTO decision by an established deadline. Automatic establishment of panels, adoption of panel and appellate reports, and authorization of requests to retaliate, along with deadlines and improved multilateral oversight of compliance, are aimed at producing a more expeditious and effective system than had existed under the General Agreement on Tariffs and Trade GATT. To date, 398 complaints have been filed, approximately half involving the United States as complainant or defendant.