Kriza sistema za rešavanje sporova u STO: stanje i dometi predloženih rešenja
The crisis of the WTO dispute settlement system: The state and scope of the proposed solutions
Author(s): Jovana NikolićSubject(s): Governance, International relations/trade
Published by: Институт за међународну политику и привреду
Keywords: World Trade Organization; Appellate Body; reforms; dispute settlement; crisis
Summary/Abstract: This article explores the crisis of the dispute settlement system in the World Trade Organization and the prospects for overcoming it. This is but one facet of the multi-year crisis of the multilateral trading system and the necessity of reforming the WTO. Part of this organization’s members submitted to the General Council their perspectives on the current situation and proposals for reforms regarding various challenges that the organization faces in its operations. Using an analysis of the presented proposals and offered alternatives to end the dispute settlement system’s crisis that were submitted between 2018 and 2023, the article aims to investigate the likelihood that WTO members will be able to come to an agreement regarding how to reslove the crisis and the extent of the suggested solutions for reforming the system. The findings show a divide between the key global trade actors: the US, which initiated the Appellate Body crisis and opposes other WTO members’ suggestions, and, on the other side, the EU and China, which have demonstrated a readiness to cooperate to resolve this issue. Developing and least developed countries showed unity and put forward proposals that reflected their viewpoints. The primary conclusion of the paper is that the range of proposed solutions and existing alternatives is limited due to the refusal of the US to cooperate with other members, and no resolution to the ongoing crisis can be anticipated until the United States revises its positions.
Journal: Међународнa пoлитика
- Issue Year: 75/2024
- Issue No: 1191
- Page Range: 367-384
- Page Count: 18
- Language: Serbian