Article 22.6 arbitration

Article 22.6 arbitration

 

 

Article 22.6 arbitration

 

Meaning of Article 22.6 arbitration

Article 22.6 arbitration: a procedure available under this article of the Understanding on Rules and Procedures Governing the Settlement of Disputes. When a WTO member refuses to comply with a panel ruling, the aggrieved party can ask for a new panel to rule on whether the original panel ruling has been implemented to satisfy the WTO rules. This is the Article 21.5 panel. If there is a new adverse ruling, the parties are then supposed to enter into discussion concerning mutually acceptable compensation. If this does not lead to any agreement, the complaining party may ask for authorization from the Dispute Settlement Body to suspend concessions or other obligations no later than the expiry of the reasonable period of time (usually a maximum of 15 months from the adoption of the panel or Appellate Body report). If the member which is the target of these actions complains about their level, the matter may be referred to arbitration. Generally, the original panel will act as arbitrator, but the WTO Director-General may decide to appoint a different arbitrator. Concessions or obligations may not be suspended during the course of the arbitration. The arbitrator’s decision is final. See also suspension of concessions or other obligations.

 

Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf

Web site to visit: http://ctrc.sice.oas.org

Author of the text: W. Goode

If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly. Fair use is a limitation and exception to the exclusive right granted by copyright law to the author of a creative work. In United States copyright law, fair use is a doctrine that permits limited use of copyrighted material without acquiring permission from the rights holders. Examples of fair use include commentary, search engines, criticism, news reporting, research, teaching, library archiving and scholarship. It provides for the legal, unlicensed citation or incorporation of copyrighted material in another author's work under a four-factor balancing test. (source: http://en.wikipedia.org/wiki/Fair_use)

The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.

 

Article 22.6 arbitration

 

Article 22.6 arbitration

 

The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.

All the information in our site are given for nonprofit educational purposes

The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.

 

Article 22.6 arbitration

 

www.riassuntini.com

 

Topics

Term of use, cookies e privacy

 

Contacts

Search in the site

Article 22.6 arbitration