Recent EU trade sanctions on the US to induce compliance with the WTO ruling in the Foreign Sales Corporations case: its policy contradiction revisited

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Abstract

This article discusses the provision for the authorized suspension of trade concessions to induce compliance with the World Trade Organization (WTO) recommendations and rulings in the wake of the imposed European Union trade sanctions against the U.S. it provides the background of the suspension of concessions in trade disputes, outlines the objective of establishing the institutionalized multilateral trading regime under WTO, and puts forward criticism on the processes and procedures of General Agreement on Tariffs and Trade dispute resolution.
Original languageEnglish
Pages (from-to)471-489
Number of pages19
JournalJournal of World Trade
Volume38
Issue number3
Publication statusPublished - 2004

Keywords

  • international trade financing

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