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The volume is based on the contributions which were made at a conference in January 1995 at the Clingendael Institute in The Hague, The Netherlands, dealing with the challenges the new World Trade Organization (WTO) is to face. The topics discussed by the authors are at the very focus of the work within the WTO, such as regionalisation by creating regional economic integration organisations or establishing free trade areas or the question of the elaboration of (global) labour and environmental minimum standards. The first Ministerial Conference of the WTO, which was held in December 1996 in Singapore, is evidence of the difficulties the WTO has to deal with. The first part of the book deals with the innovations of the WTO in respect to the GATT system. In particular the description and analysis of the WTO dispute settlement system by Friedl Weiss is a very interesting contribution. The new dispute settlement system could strengthen the "rule of law" within the WTO system and thus ensure the implementation of and compliance with the rules of the WTO. But it remains to be seen in the future whether the "constitution for world trade" - as laid down in the WTO
Austrian Review of International and European Law Online – Brill
Published: Jan 1, 1997
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