trade disputes resolution

Trade dispute resolution refers to the methods and processes used to settle disagreements between businesses or countries regarding trade issues, such as contracts, tariffs, or regulations. It often involves negotiation, mediation, or arbitration, where a neutral party helps the sides reach an agreement or makes a binding decision. These processes aim to provide fair outcomes without resorting to lengthy legal battles. Trade dispute resolution is essential for maintaining healthy trade relations and ensuring that rules are upheld, benefiting all parties involved and promoting stability in international commerce.