Methods and Mechanisms of International Trade Dispute Resolution: Problems and Challenges.

Abstract

This research monograph explores the Methods and Mechanisms of International Trade Dispute Resolution: Problems and Challenges, focusing on the legal frameworks, operational procedures, and practical issues encountered in resolving trade disputes. It examines the role of key international institutions, particularly the World Trade Organization (WTO), and analyzes dispute resolution mechanisms under regional and bilateral trade agreements. The study identifies critical challenges, including procedural complexities, power imbalances between developed and developing nations, delays in resolution processes, and the lack of inclusivity and transparency. It also highlights emerging issues, such as the rise of digital trade and the inadequacy of traditional mechanisms to address modern trade complexities. Through a qualitative methodology combining doctrinal legal analysis, case studies, and expert opinions, the research evaluates the effectiveness and fairness of current systems and offers practical recommendations to improve efficiency, ensure equitable access, and address enforcement challenges. By proposing reforms and emphasizing the importance of adaptability, this study contributes to the ongoing discourse on creating a more inclusive and sustainable international trade dispute resolution framework.