Understanding on Rules and Procedures Governing the Settlement of Disputes

Abstract

This note discusses the workings of the Dispute Settlement Process (DSP) of the WTO, and the major problems concerning the implementation of decisions in the DSP. It provides some suggestions in order for the DSP to work for the benefit of all. It maintains that the ability to extend dispute settlement across agreements is one of the strengths of the World Trade Organization. The author concludes that substantial reform can be undertaken in the DSP if concerted efforts are made to quantify economic damages for working out the suspension of concessions.