The feasibility of retaliation as a trade remedy under the WTO Dispute Settlement Understanding

Abstract

The main aim of the research was to determine the viability of retaliation as a trade remedy under the Dispute Settlement Understanding. It was to establish whether retaliation as a remedy is beneficial to the entire WTO membership and system. The specific objectives were: to examine the feasibility of damages as an alternative remedy to retaliation; to determine whether there is a need to revise the Dispute Settlement Understanding, for it to adopt a more development friendly approach to dispute resolution; to make recommendations regarding the improvement of the Dispute Settlement Understanding.