EU and WTO Regulatory Frameworks

Download or read book EU and WTO Regulatory Frameworks written by Mary Farrell and published by . This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charts the development of the World Trade Organisation, and examines its role as regulator of the international trading system. The management of the trade policies of the 132 member countries so as to ensure compliance with the principles of trade liberalisation lies at the heart of the WTO's mandate. However, under the extended powers granted to the WTO as a result of the Uruguay Round settlement, in both trade liberalisation and dispute settlement, there lies ample ground for conflicts with the European Union's commercial policy. Mary Farrell considers whether the WTO is likely to impose constraints on EU commercial policy and thereby impinge on the sovereignty of the union as a whole, or whether the EU may continue to operate independently and in coexistence with the trade liberalisation agenda of the WTO.