Is the settlement of trade disputes under Regional Trade Agreements undermining the WTO dispute settlement mechanism and the integrity of the world trading system?

A Deal is a Deal: Party Autonomy, the Multiplication of PTAs, and WTO Dispute Settlement

1. Introduction With the multiplication of preferential trade agreements (PTAs)[1], the landscape of international trade dispute settlement is becoming  increasingly populated. Many of the new-generation PTAs are equipped with dispute settlement mechanisms (DSM) modelled on that of the WTO.[2] There is an expectation that the conclusion of the so-called mega-regional agreements will significantly add to...

The primacy of the WTO dispute settlement system

1. Introduction The world trading system has seen a proliferation of Regional Trade Agreements (RTAs) since the early 1990s. Many of the RTAs negotiated in the recent times are equipped with a sophisticated dispute settlement mechanism (DSMs) clause. There is a belief that these RTA-DSMs have the potential of interfering with the integrity of the...