Wto trade in services max planck biography
This volume will be a valuable reference tool for the WTO community as a whole, as well as for professionals and researchers, who deal with one of the.
With the establishment of the WTO, trade in services became part of the world trade order.!
Rüdiger Wolfrum, Peter-Tobias Stoll and Clemens Feinäugle, WTO: Trade in Services, Max Planck Commentaries on World Trade Law, Vol.
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Abstract
During its short history, the WTO has changed fundamentally the face of international economic law. The strong institutional framework of the WTO as well as the broad capture of trade topics and the corresponding dispute settlement procedure are landmarks for the development of international law, even though a growing number of commentators are hesitant to emphasize the idea of a “new constitutional order” in international trade relations.
Despite sobering experiences with the effectiveness and acceptance of the dispute settlement procedure and with the long-lasting standstill in trade negotiations, the WTO will remain the central forum for international trade policy.
One of the outstanding agreements in this framework is, no doubt, the General Agreement on Trade in Services (GATS), which is the first international instrument that fully c