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Dispute Resolution & International Trade

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Páginas46-48
046
Dispute
Resolution &
International
Trade
WORLD TRADE ORGANIZATION
Original Title:
The Dispute Resolution System of the World Trade Organ ization and its
Appellate Body, Pillar s of the International Multilatera l Trading System
Since the creation of the World Trade Organ-
ization (“WTO”) just over 20 yea rs ago,¹ the
Dispute Resolution System has been one of the
pillars of the organization and of the multilat-
eral trading system, where the differences that
arise among the Member countries a re resolved
under an agreed upon multilateral framework.
The main goal of the WTO is to promote and
provide the necessary tools for the development
of the world free trade in a much more agile and
foreseeable manner, and in equal conditions
for all of its Members. In order to achieve this
goal it was necessar y to provide security and
certainty to all WTO Members with respect
to compliance of the obligations acquired by
virtue of the agreements of the new organ iza-
tion. This, due to the fact that the efficacy of the
dispute resolution system was among the most
important criticisms to the G eneral Agreement
on Tariffs and Trade of 1947 (“GATT”).² Conse-
quently, the Agreement of the WTO foresees
the dispute resolution to be regulated by the
Understanding on rules and procedures gov-
erning the sett lement of disputes (“DSU”).

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