World Trade Organization Dispute Settlement

The World Trade Organization (WTO) Dispute Settlement is a process designed to resolve trade disagreements between member countries. When a country believes another has violated trade rules, it can bring the issue to the WTO. The process involves consultations, and if unresolved, formal panels assess the case. These panels make decisions based on established agreements. Ultimately, the WTO aims to ensure fair trade practices and compliance with international rules, providing a structured way for countries to resolve conflicts and maintain global trade stability, rather than resorting to unilateral actions or trade wars.