WTO Dispute Settlement Mechanism's Promotion to International Trade Law

Abstract

This article illustrates how the World Trade Organization (WTO) dispute settlement mechanism has contributed to advancing international trade law. It begins by introducing the establishment of the WTO organization and the underlying purpose and principles behind creating the dispute settlement mechanism. Emphasis is placed on the critical role the dispute settlement mechanism plays in emerging trade issues. Case studies on emerging industries that have been of particular concern internationally in recent years, such as digital trade, intellectual property rights in emerging industries, and the impact of emerging businesses on environmental protection, etc. This article demonstrates that dispute settlement mechanisms have contributed to the certainty and foresight of international trade law. Although acknowledging its limitations, the mechanism's overall positive influence on fostering the growth of international trade law is emphasized, emphasizing its indispensable role in the next phase of trade worldwide.