ABSTRACT
This chapter first contrasts the dispute resolution mechanisms under the GATT and those under the WTO, focusing on the improvements made at the Uruguay Round of negotiations. Upon this review, the current problems and the proposed reforms of them are closely examined. This chapter then proceeds to analyse issues that are not covered by the WTO dispute resolution mechanism but often cause major trade disruption in our contemporary world. This chapter concludes that a resolution to the current impasse in WTO reforms as well as disputes that fall outside of the WTO mechanisms is critical, if the multilateral trade regime is to survive the various challenges it now faces.
