dispute settlement

Dispute settlement refers to the process of resolving disagreements between parties, such as countries or organizations, through structured methods. This often involves negotiation, mediation, or formal procedures like arbitration or adjudication, aiming to find a fair solution without resorting to conflict or force. The goal is to address issues efficiently and uphold legal or agreed-upon rules, maintaining stability and trust in relationships. In international trade, for example, dispute settlement ensures that trade rules are followed and that countries can seek resolution if they believe another country's actions violate agreements.