Question

Dispute Resolution Mechanism of the WTO

19 Dec 2024
Answer :
Word Count : 235

The World Trade Organization (WTO) provides a structured Dispute Resolution Mechanism (DRM) to ensure fair trade practices among its members. This mechanism addresses conflicts arising from alleged violations of trade agreements or policies that negatively affect member states. The WTO's DRM is designed to promote peaceful resolution through dialogue, negotiation, and legal adjudication, emphasizing rules-based multilateralism.

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