disputesettlement
Disputesettlement is the process by which disagreements between parties are resolved through formal or informal mechanisms designed to produce a binding or mutually accepted outcome. It encompasses negotiation, mediation, arbitration, and litigation, as well as treaty-based procedures in international law. The goal is to provide a stable, predictable resolution that addresses the interests of the parties while upholding applicable legal rules.
The scope of disputesettlement spans domestic and international contexts. In domestic settings, disputes are typically handled
International dispute settlement relies on treaty provisions and international institutions. Mechanisms include the World Trade Organization’s
Criticism of disputesettlement often centers on cost, duration, and access to justice, as well as potential