THE DISPUTE SETTLEMENT UNDER THE WTO: EXPERIENCE OF TURKEY

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After the World War II, the thought that the liberalization in the international financial markets and foreign trade will increase the wealth of the nations was widespread. Under this approach, several international organizations were established, leaded by the US with the aim of ruling the monetary and trade–related transactions and improving the economical development of nations. The agreements governing the free international trade relations gained an mutually agreed structure especially in the cases of applications and dispute settlement after the establishment of World Trade Organization in 1995. Turkey accepted GATT in 1951 and formally included in 1953 and has been a member to WTO since its establishment in 1995. One of the important consequences of the membership to WTO is to take part in the dispute settlement process in case of the discrepancies and differences in applications. In this Study, the cases in which Turkey was on the offensive side in the disputes, as detailed by the principles as defined by the GATT and the settlement of these disputes will be elaborated in order to take attention to the similar future disputes.

97

Disputes in the International Trade , World Trade Organisation , GATT

Journal Of Economics an‎d Administrative Sciences

128

Journal Of Economics an‎d Administrative Sciences