IT’S TIME AFRICAN COUNTRIES UTILIZED THE WTO, DISPUTE SETTLEMENT UNDERSTANDING MORE TO LEVERAGE THEIR INTERNATIONAL TRADE INTERESTS
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Date
2023
Authors
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Publisher
Bishop Stuart University
Abstract
The paper deconstructs the law relating to WTO, Dispute
Settlement Mechanisms (DSMs) to establish why African
Countries have failed to harness it to leverage their international
trade Interests. There is compelling evidence to affirm that many
African Countries are marginalized in international trade because
many odds including failure to harness the WTO Dispute
Settlement are stacked against them. The ability of African
Countries in international trade has been saddled by many factors
that characterize Less Developed Countries. The Uruguay Round
(1986-94) introduced many changes such as the reduced timelines
(from when disputes are initiated to when they are disposed of),
admission of third parties to represent poor Countries which may be deficient in requisite capacity to handle the complexity of the
World trade disputes mechanisms. This paper posits that the
marginalization of African Countries in the World trade system is
partly caused by inherent factors that saddle them as Less
Developed Economies. We adopted hybrid doctrinal and
qualitative methodological approaches by way of reviewing WTO
relevant Agreements, existing literature and evaluating evidence in
the context of objectives for writing the paper. The findings
corroborate that African Countries have been sidelined in
international trade system because they have not utilized the
Dispute Settlement Understanding Agreement to leverage their
international trade interest well.
Description
IT’S TIME AFRICAN COUNTRIES UTILIZED THE
WTO, DISPUTE SETTLEMENT UNDERSTANDING
MORE TO LEVERAGE THEIR INTERNATIONAL
TRADE INTERESTS