Book contents
- Frontmatter
- Contents
- List of figures
- List of tables
- Preface and acknowledgments
- Table of cases
- Table of agreements and decisions
- 1 ECONOMIC GLOBALISATION AND THE LAW OF THE WTO
- 2 THE WORLD TRADE ORGANIZATION
- 3 WTO DISPUTE SETTLEMENT
- 4 PRINCIPLES OF NON-DISCRIMINATION
- 5 RULES ON MARKET ACCESS
- 6 RULES ON UNFAIR TRADE
- 7 TRADE LIBERALISATION VERSUS OTHER SOCIETAL VALUES AND INTERESTS
- 8 CHALLENGES FOR THE FUTURE
- Index
8 - CHALLENGES FOR THE FUTURE
- Frontmatter
- Contents
- List of figures
- List of tables
- Preface and acknowledgments
- Table of cases
- Table of agreements and decisions
- 1 ECONOMIC GLOBALISATION AND THE LAW OF THE WTO
- 2 THE WORLD TRADE ORGANIZATION
- 3 WTO DISPUTE SETTLEMENT
- 4 PRINCIPLES OF NON-DISCRIMINATION
- 5 RULES ON MARKET ACCESS
- 6 RULES ON UNFAIR TRADE
- 7 TRADE LIBERALISATION VERSUS OTHER SOCIETAL VALUES AND INTERESTS
- 8 CHALLENGES FOR THE FUTURE
- Index
Summary
INTRODUCTION
The challenges for the WTO in the years to come are multiple and daunting. First, there are the many challenges of further liberalisation of international trade. Most of these challenges are addressed in the ongoing Doha Development Round negotiations and have been discussed in this book. They include:
the liberalisation of trade in agricultural products, in the form of increased market access for agricultural products and the reduction or elimination of agricultural export subsidies and domestic support measures;
market access for non-agricultural products, including the further reduction or, where appropriate and possible, the elimination of customs duties as well as non-tariff barriers to trade;
the further liberalisation of trade in services, including mode 4 supply of services, which entails the free movement of natural persons;
the clarification and improvement of the WTO rules on dumping and subsidised trade;
the clarification and improvement of the WTO rules and procedures applying to regional trade agreements;
the relationship between trade and the protection of the environment, and in particular the relationship between existing WTO rules and specific trade obligations set out in multilateral environmental agreements; and
the protection of intellectual property rights, and in particular the protection of geographical indications.
Negotiations on all these issues are currently ongoing.
Secondly, the challenges facing the WTO in the years to come include the institutional and procedural problems the WTO currently struggles with. To many, the WTO's negotiation and decision-making processes lack efficiency, legitimacy and transparency.
- Type
- Chapter
- Information
- The Law and Policy of the World Trade OrganizationText, Cases and Materials, pp. 692 - 707Publisher: Cambridge University PressPrint publication year: 2005