THE HISTORICAL AND LEGAL ANALYSIS OF SETTLEMENT OF DISPUTES WITHIN THE WORLD TRADE ORGANIZATION

Abstract

Abstract. The relevance of a subject of research is caused by the fact that the constant growth of number of the
considered disputes of the WTO gradually develops and complicates the system of law of the WTO. The mechanism
of settlement of disputes and also the mechanism of control of execution of decisions are the basic elements providing
stability and effective functioning of system in general. The research of the matters is necessary for full-fledged
assessment of activity of the WTO because today the WTO plays a role of the stabilizer of the international economic
relations in the sphere of trade and the mechanism of settlement of disputes is a guarantor of stability of all international
trade system.
In this article, the authors give a historical and legal analysis of the dispute settlement within the WTO, the results
of the study clearly set out the main concepts, principles, and peculiarities of the dispute settlement mechanism in the
WTO based on the analysis of resolved disputes between various WTO member countries.
Since Kazakhstan, since July 27, 2015, is a full member of the WTO, the given access to international mechanisms
and institutions for resolving disputes within the WTO will make it possible to effectively use this opportunity to
protect its national interests, in accordance with WTO rules and norms.