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Energy Systems and Technologies for the Coming Century ...

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5.2 The WTO Trade Dispute Settlement ArrangementDispute settlement is regarded by <strong>the</strong> WTO as <strong>the</strong> central pillar of <strong>the</strong> multilateraltrading system, <strong>and</strong> as a "unique contribution to <strong>the</strong> stability of <strong>the</strong> global economy".WTO members have agreed that, if <strong>the</strong>y believe fellow-members are violating traderules, <strong>the</strong>y will use <strong>the</strong> multilateral system of settling disputes instead of taking actionunilaterally.http://en.wikipedia.org/wiki/World_Trade_Organization - cite_note-UnSD-45The operation of <strong>the</strong> WTO dispute settlement process involves <strong>the</strong> DisputeSettlement Body (DSB) panels, <strong>the</strong> Appellate Body, <strong>the</strong> WTO Secretariat, arbitrators,independent experts <strong>and</strong> several specialized institutions.Figure 7. Number of WTO Trade Disputes Each Year60504039No. Of Trade Dispute Cases Under WTO5041373020102530 34 2326191121131914 17 40Since establishment of WTO in replace of GATT on 1 st January 1995, <strong>the</strong>re havebeen 423 trade dispute cases under <strong>the</strong> WTO (see Figure 7). According to <strong>the</strong> WTOrules <strong>and</strong> practices, <strong>the</strong> Parties involved can solve <strong>the</strong> cases at any stage of <strong>the</strong>process. By January 2008, only 37% of cases had reached <strong>the</strong> full panel process.Most of <strong>the</strong> rest have ei<strong>the</strong>r been notified as settled “out of court” or remain in aprolonged consultation phase — some since 1995.Figure 8. WTO Trade Dispute Settlement ProcessRisø International <strong>Energy</strong> Conference 2011 Proceedings Page 104

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