Abstract: Korea's economic development saga, which amazed
economists and policymakers, has been filled with numerous trade
disputes with its major trading partners. Despite the prevalence
of such bilateral trade disputes, Korea had shown unequivocal resistance
to resorting to the multilateral dispute settlement forum under
the GATT system. Since the inception of the WTO, however, Korea
has dramatically changed its attitude toward trade dispute settlement.
The Korean experience of trade dispute settlement, therefore, seems
a salient example of how the newly augmented system under the WTO
is perceived and how it has been effectively utilized by average
WTO Member countries in order to address international trade problems.
SPEECHES
Russia's WTO Accession, by Anders Åslund,
International Institute of Economics.
Testimony at the Hearing on EU Economic and Trade Relations with
Russia, Committee on International Trade, European Parliament, Brussels
November 21, 2006.