DR.

RAM MANOHAR LOHIYA

NATIONAL LAW UNIVERSITY,
LUCKNOW

INTERNATIONAL TRADE LAW

Final Draft & SYNOPSIS

EVOLUTION OF DISPUTE SETTLEMENT MECHANISM IN THE

WORLD TRADE ORGANISATION

Submitted to: Submitted by:

Ms. Priya Bhavesh Yadav
Assistant Professor (Law) Enr.- 150101038
SYNOPSIS
RESEARCH QUESTIONS

 How was the dispute settlement mechanism during GATT 1947?

 What were the weaknesses of DSB of GATT 1947?

 How DSB of WTO is the best in the world?

OBJECTIVES
 To trace the reasons for the failure of DSB of GATT 1947.

 To examine the role of Uruguay rounds in the evolution of DSB.

 To study the new DSB of WTO, how it is advanced and more efficient than GATT 1947.

LITERATURE CONSULTED

The researcher has referred the material available on the WTO website over the evolution of
dispute settlement mechanism of WTO, to get the clear idea of the role of stock exchanges.
Another Article on ˜ EVOLUTION OF DISPUTE SETTLEMENT MECHANISM IN THE
WORLD TRADE ORGANISATION” is followed to understand the effect of Uruguay rounds in
the evolution of DSB of GATT 1947. COMPARING THE WTO AND GATT DISPUTE
SETTLEMENT MECHANISMS: WHAT WAS ACCOMPLISHED IN THE URUGUAY
ROUND by Julio and Pirola, The Journey from the GATT to the WTO by Dr. Ranbir Singh have
also been referred.