Article contents
How the world trade community operates: norms and discourse
Published online by Cambridge University Press: 22 September 2014
Abstract
Based on the new conceptualization of the world trading system as the world trade ‘community’, this Article illuminates its internal operation based on legal discourse. The Article first defines WTO norms as lingua franca of the world trade community that enables various forms of discourse among members of the community. It then introduces three main institutionalized forms of the WTO discourse, namely adjudication, peer review, and consultation/negotiation. These three forms of WTO discourse are mainly responsible for the diurnal operation of the world trade community. The Article also explores the intermodal dynamics among these three forms of WTO discourse and demonstrates that such dynamics might generate both positive and negative consequences.
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- Copyright © Sungjoon Cho 2014
References
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127 The WTO Director-General Roberto Azevêdo also attributed the Bali success to a ‘collective awareness’ among WTO members that: ‘(1) the agreement being pursued was desirable for everyone and, above all, doable for everyone; (2) a positive outcome would not produce winners and losers, nor a North-South divide (both developed and developing countries would need to work for the agreement); (3) the multilateral trading system needs to be reinvigorated to benefit everyone, particularly the smallest countries and those with least capacity to manage the intricacies of large-scale trade negotiations'. WTO, WTO News, ‘“Bali Is Just the Start” –Azevêdo’ (6 January 2014), http://www.wto.org/english/news_e/spra_e/spra4_e.htm. However, as of 31 July 2014, the Protocol of Amendment for the WTO's Trade Facilitation Agreement remains unadopted. See ‘WTO Trade Facilitation Deal in Limbo as Deadline Passes Without Resolution’, 18 Bridges Weekly Trade News Digest, no. 28 (31 July 2014), available at http://www.ictsd.org/bridges-news/bridges/news/wto-trade-facilitation-deal-in-limbo-as-deadline-passes-without-resolution.
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