Unilateral interpretations of multilateral principles
Incidence: The adoption by countries of unilateral interpretations of multilateral trading principles to deal with new situations is a reflection of the inability of the system to adapt to the changing realities of world trade. This is most apparent in the attitude toward "unfair" trade practices. The international community has failed to address effectively the problem of broad and unilateral interpretations of what constitutes "unfair", "unreasonable" or "unjustified" trading practices.
Problem Type: F: Fuzzy exceptional problems
Date of last update 04.10.2020 – 22:48 CEST