It has long been observed that developing countries made scant use of dispute settlement under the General Agreement on Tariffs and Trade (GATT). Less clear are the reasons for this. Most observers insist that the various GATT reforms that were intended to help developing countries failed to insulate them from the “power politics” of the system (Kuruvila, 1997). Not surprisingly, many of these ...

to promote their exports and get access to world market, many countries have adopted the policy of exports subsidies. subsidies are usually provided by governments or state bodies which cause adverse effects to the interests of another member of countries or disturb the process of free trade worldwide. world trade organization (wto) which is established on free and fair trade, has put limitatio...

One of the main characteristics of trade in services is that a limited number of services can be traded across the border. In fact, a larger number of services require physical contact between consumers and producers in order to allow the transaction to occur. In this respect, trade in services has been classified by four modes of supply: Mode 1, cross-border trade; Mode 2 , consumption abroad;...

The World Trade Organisation (WTO) which became operational on 1 January 1995 is the successor to the General Agreement on Tariffs and Trade (GATT). The WTO provides the legal framework for world trade, and it has been given extensive regulatory and supervisory powers. Whereas the GATT was solely concerned with trade liberalization based on tariff concessions, the WTO’s approach embraces discus...