Common Contracts
1 similar Environmental Agreement contracts
An Environmental Agreement in a Trade Court ʹ/Ɛ ƚŚĞ tdK͛Ɛ Agreement on Fisheries Subsidies Enforceable?Environmental Agreement • November 10th, 2024
against declining fish stocks, the Agreement remains unfinished and underdeveloped. Of particular concern is the enforceability of the Agreement. While WTO Members recognise that the AFS was created to deal with a problem that has both socioeconomic and environmental implications, the Agreement relies on established WTO dispute settlement rules, which were created to resolve trade disputes. The paper assesses the difficulties of enforcing the AFS under these rules, and considers additional provisions that could be included in subsequent negotiating rounds to ensure an effective and enforceable agreement. Recommendations cover different stages of the dispute settlement process, and include alternative means of dispute resolution, measures to expedite proceedings, and retaliation procedures adapted to the AFS.
